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Rugby Street, Whitmore Reans, Wolverhampton

West Midlands

£115,000
Listed on 28/08/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This spacious three-bedroom traditional mid-terrace property presents a solid opportunity for renovation and investment. Its generous layout features an entrance hall that leads to distinct living areas, including a separate lounge and dining room, both of which are well-proportioned for family living or entertaining. The kitchen, while functional, offers potential for modern upgrades to enhance its appeal. Upstairs, the home boasts three good-sized bedrooms that can be adapted to suit individual preferences, whether as personal spaces or as rental units when considering options like a house in multiple occupation (HMO), subject to planning permissions. The family bathroom is equipped with essential amenities and could also benefit from updating. The property includes two outbuildings at the rear, providing extra storage or workspace potential. The enclosed garden area presents a blank canvas for landscaping or outdoor activities, adding further value to the property. Strategically located just a short distance from Wolverhampton City Centre and the University, this home enjoys convenient access to local schools and shopping facilities, making it attractive to families and students alike. This desirable location enhances its investment appeal for potential rental income. Considering the renovation needs and market demand in this area, buyers have the chance to add significant value through cosmetic improvements. Whether you are an investor looking for your next project or a first-time buyer seeking a property with potential for personalization, this home merits serious consideration.

Investment Analysis

(WV1 area)
Area Average
£188/sq ft
Avg Rent (weekly)
£197
Avg Yield
5.5%
Monthly Sales
5
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WV1)

Area prices are falling by +10.1% over the last 12 months
3 year growth: 6.2%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on WV1 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.

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Location

Rugby Street, Whitmore Reans, Wolverhampton
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