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Cranmere Avenue, Wolverhampton, WV6

West Midlands

£400,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1864 sqft

Description

This property represents a unique opportunity for buyers looking to invest in a spacious family home located on the sought-after Cranmere Avenue in Tettenhall. The house boasts a generous plot, complete with ample driveway parking and a double-length garage, as well as an attractive rear garden that has been lovingly maintained. Inside, the layout is both flexible and inviting, featuring well-sized rooms spread across two floors. The entrance leads into a central hallway highlighted by a sweeping staircase, while the ground floor includes a downstairs bedroom that could serve various purposes such as an additional lounge or playroom. Additionally, you'll find a living room, formal dining area, breakfast kitchen, utility space, and two guest cloakrooms. The first floor comprises two more double bedrooms along with a family bathroom and an extra cloakroom. Notably, there is significant potential for expansion and renovation throughout the property (subject to planning permission), allowing new owners to tailor the space to their own preferences. Given its prime location near Tettenhall Village, excellent schools, and strong transport links, this home is ideal for those looking to create their long-term residence while also adding value through personal updates and renovations.

Investment Analysis

(WV6 area)

Below Market Value

This property is priced -22.8% below area average per sq ft

-22.8%
Potential saving
This Property
£215/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£248
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£570,216
10% above area average per sq ft
Potential ROI
+29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WV6)

Area prices are falling by -6.5% over the last 12 months
3 year growth: +1.5%
5 year growth: +9.2%
Investment Disclaimer: Analysis based on WV6 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

Cranmere Avenue, Wolverhampton, WV6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-11.1% since listed
£400,000£40,000(-9.1%)
25/04/2026
Current price
£440,000£10,000(-2.2%)
01/05/2025
£450,000Initial listing
25/05/2024

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