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Third Avenue, Wolverhampton, West Midlands, WV10 - Image 1
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Third Avenue, Wolverhampton, West Midlands, WV10

West Midlands

£180,000
Listed on 18/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
750 sqft

Description

This semi-detached house presents a unique opportunity for renovation and investment, perfect for families or first-time buyers looking to create their ideal living space. Stepping inside, you are greeted by a spacious hallway that flows into a cozy dining and lounge area, suited for both intimate gatherings and family time. The kitchen is functional with ample storage and room for appliances, while the well-placed family bathroom completes the ground floor layout. Upstairs, you will find three sizeable bedrooms that cater well to family life. The master bedroom serves as a peaceful retreat, while the two additional bedrooms offer versatility—ideal for children, guests, or even a home office setup. Conveniently, there is also an additional toilet on this level. The property is equipped with double glazing and gas central heating, providing comfort throughout the seasons and contributing to energy efficiency. The outdoor space includes a private garden that invites opportunities for gardening or outdoor entertainment. With side access available, there’s potential to explore expansion possibilities (subject to planning permissions). A driveway at the front ensures off-road parking convenience, complemented by a neatly maintained garden that adds to the overall aesthetic appeal of the home. Situated in a desirable neighborhood, this property is just a short distance from essential amenities such as supermarkets, schools, and parks. A variety of local restaurants and cafes enhance your dining options while excellent transport links facilitate easy access to Wolverhampton city center and surrounding areas. This residence not only offers immediate comfort but also significant renovation potential in an attractive location—making it an appealing prospect for those looking to invest or settle down in a thriving community.

Investment Analysis

(WV10 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£240/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£188,636
10% above area average per sq ft
Potential ROI
-5.7%
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

Third Avenue, Wolverhampton, West Midlands, 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
£659
Based on a loan of £135,000 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