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40 St. Johns Road, Essington, Wolverhampton, WV11 2BY - Image 1
40 St. Johns Road, Essington, Wolverhampton, WV11 2BY - Image 2
40 St. Johns Road, Essington, Wolverhampton, WV11 2BY - Image 3
40 St. Johns Road, Essington, Wolverhampton, WV11 2BY - Image 4
40 St. Johns Road, Essington, Wolverhampton, WV11 2BY - Image 5

40 St. Johns Road, Essington, Wolverhampton, WV11 2BY

West Midlands

£49,000
Listed on 30/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This semi-detached bungalow presents a unique opportunity for renovation and investment, situated in a well-established neighborhood. The property is set back from the road, offering both privacy and a generous driveway that leads to the garage. Inside, the bungalow features two bedrooms along with a reception room and a kitchen, providing a functional layout that can be easily reconfigured to meet modern standards. The shower room is compact but functional, ideal for updates that can enhance both aesthetic appeal and value. While the property benefits from gas central heating and UPVC double glazing, it does require significant modernization, making it an appealing project for those looking to invest in renovations. The outdoor space includes gardens that can be revitalized to create inviting leisure areas or potential extensions, subject to planning consent. With its freehold status and vacant possession upon completion, this property allows for immediate project initiation once acquired. Located in a neighborhood known for its community feel and accessibility to local amenities, this bungalow's location adds considerable value. Its potential for development could be explored further with the necessary planning approvals. This is an excellent chance for investors or homeowners looking to create their dream space while capitalizing on the growing demand in the area. With a C energy performance rating, there’s also an opportunity to improve energy efficiency through renovations which can lead to lower utility costs and increased market appeal. Whether you're seeking an investment opportunity or a project home, this bungalow offers ample scope for transformation.

Investment Analysis

(WV11 area)
Area Average
£245/sq ft
Avg Rent (weekly)
£247
Avg Yield
5.1%

Renovation Potential

Est. Renovation Cost
£4,900 - £12,250
10-25% of property value
Monthly Sales
18
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (WV11)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 9.9%
5 year growth: 36.3%
Investment Disclaimer: Analysis based on WV11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

40 St. Johns Road, Essington, Wolverhampton, WV11 2BY
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