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Martin Street, Wolverhampton

West Midlands

£75,000
Listed on 02/08/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This charming Victorian mid-terrace home presents a unique opportunity for renovation and investment, boasting original character features alongside essential modern conveniences like gas central heating and double glazing. Located conveniently within reach of local amenities, this property offers significant potential for those looking to enhance its value through updates and improvements. The layout includes two well-proportioned bedrooms, making it suitable for a variety of buyers or renters. Upon entering, one is greeted by a hallway that leads into the front living room, which measures approximately 3.58m x 3.48m. Further along the inner hallway, you will find a second living space (3.7m x 3.6m) that adjoins a compact kitchen (2.7m x 2m). The kitchen is equipped with a basic range of base and wall units and provides direct access to the outdoor area. The first floor features a landing that connects to two bedrooms: the front-facing bedroom one (3.5m x 3.5m) and bedroom two at the rear (2.6m x 3.7m). A bathroom with a matching white suite also occupies this level, ready for refurbishment to meet personal tastes or rental standards. Outside, the property includes a modest foregarden as well as a rear garden that offers additional space for landscaping or outdoor use—perfect for families or gardening enthusiasts. Given its location and structural potential, this home represents an excellent investment opportunity for those willing to undertake modernization efforts, whether as a primary residence or rental property. Prospective buyers are encouraged to explore all possibilities this property holds, particularly in light of its favorable positioning near key local amenities. Viewing can be arranged by appointment through our office, allowing interested parties to fully appreciate the potential this home has to offer.

Investment Analysis

(WV4 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£7,500 - £18,750
10-25% of property value
Monthly Sales
17
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (WV4)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 9.1%
5 year growth: 36.2%
Investment Disclaimer: Analysis based on WV4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Martin Street, Wolverhampton
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