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Wolverhampton Road, Sedgley

West Midlands

£314,950
Listed on 11/03/2025

Property Details

Bedrooms
3
Type
Detached house
Area
958 sqft

Description

This detached bungalow, characterized by its spacious layout and appealing double-fronted design, is situated on a generous plot in a desirable Sedgley location. Within walking distance of Sedgley High Street, this property offers both convenience and an excellent investment opportunity for those looking to renovate or develop a custom living space. The home's inviting entrance porch opens into a reception hallway that leads to a bright and airy lounge, offering ample natural light. The generously sized dining kitchen provides plenty of space for family gatherings. The property features three well-proportioned bedrooms, perfect for accommodating families or guests. Additionally, the modern shower room emphasizes functionality, while the charming conservatory serves as a peaceful retreat with views of the garden. The outdoor area features a well-established rear garden that presents opportunities for gardening enthusiasts or those who enjoy outdoor entertaining. The front gardens add charm to the property while also highlighting the substantial plot size, which allows for potential extensions or enhancements subject to planning permission. This bungalow presents an exciting chance to reimagine the space into a stunning home tailored to your preferences. Given its location and development potential, early viewing is encouraged to fully appreciate what this property has to offer. With no upward chain, it's ready for its next owner to embark on this renovation journey. EPC rating - D; Council Tax Band - C; Tenure - Freehold. All mains services are connected. Flood risk is minimal at less than 0.1% per annum.

Investment Analysis

(DY3 area)

Above Market Value

This property is priced +23.5% above area average per sq ft

+23.5%
This Property
£329/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£280,627
10% above area average per sq ft
Potential ROI
-22.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DY3)

Area prices are rising by +5.3% over the last 12 months
3 year growth: 7.3%
5 year growth: 31.6%
Investment Disclaimer: Analysis based on DY3 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

Wolverhampton Road, Sedgley
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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
£1,154
Based on a loan of £236,212 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