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Garages at Pendeford Mill Lane, Bilbrook, WV8 - Image 1
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Garages at Pendeford Mill Lane, Bilbrook, WV8

West Midlands

£95,000
Listed on 16/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property comprises a set of seven garages nestled in the sought-after residential village of Bilbrook, just under five miles from Wolverhampton City Centre. The location is strategically advantageous, being less than a mile from Bilbrook Train Station, which offers convenient transport links for commuting to the city and surrounding areas. Additionally, residents benefit from proximity to local educational institutions and a blend of national and independent retail options. Spanning approximately 0.2 acres (0.083 hectares), this site presents noteworthy renovation and investment potential. Whether you envision repurposing the existing structures or exploring new development avenues, there are opportunities to enhance the utility of this land, subject to obtaining the necessary planning permissions. This could be an ideal project for those looking to capitalize on the growing demand for housing and commercial space in this vibrant community.

Investment Analysis

(WV8 area)
Area Average
£293/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (WV8)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 7.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on WV8 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

Garages at Pendeford Mill Lane, Bilbrook, WV8
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£348
Based on a loan of £71,250 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.

Next Steps

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