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Cannock Road, Wednesfield, Wolverhampton, WV10 - Image 1
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Cannock Road, Wednesfield, Wolverhampton, WV10 - Image 3
Cannock Road, Wednesfield, Wolverhampton, WV10 - Image 4
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Cannock Road, Wednesfield, Wolverhampton, WV10

West Midlands

£185,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
925 sqft

Description

This charming bungalow presents a promising opportunity for buyers looking to invest in a property with significant renovation potential. Nestled in a location that provides easy access to essential amenities, this home is just a short distance from Wednesfield town center and Wolverhampton city center. Its proximity to Junction 1 of the M54 motorway facilitates convenient travel to Shropshire and the West Midlands, making it an appealing option for both commuters and local residents alike. The layout of the property includes a reception hall that leads into spacious living areas, featuring a lounge and dining room that offer flexibility for customization. The kitchen, while functional, stands ready for an update to suit modern tastes. With two bedrooms and a bathroom, there’s ample space to reconfigure or expand the existing floor plan to enhance living comfort or rental appeal. This bungalow not only offers current livability but also invites creative renovation efforts that could significantly increase its value. Whether you're considering making this your own or looking for an investment that can be improved over time, the potential here is noteworthy.

Investment Analysis

(WV10 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£200/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£232,651
10% above area average per sq ft
Potential ROI
+3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (WV10)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 2.3%
5 year growth: 26.6%
Investment Disclaimer: Analysis based on WV10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Cannock Road, Wednesfield, Wolverhampton, WV10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE