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Parkfield Road, Wolverhampton

West Midlands

£130,000
Listed on 15/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terrace property presents a promising opportunity for renovation and investment, available with no onward chain. Situated conveniently for public transport and city centre access, the spacious layout includes two reception rooms, a kitchen, two double bedrooms, and a first-floor bathroom. The entrance porch leads into the well-proportioned reception rooms that provide ample space for reconfiguration or modernisation. The kitchen offers potential for an open-plan design with access to the rear garden. On the first floor, both bedrooms feature large windows providing natural light, while the bathroom is equipped with essential amenities but may benefit from contemporary updates. This freehold property is connected to mains gas, electricity, water, and drainage, making it a suitable candidate for both residential living or rental opportunities after refurbishment. With council tax band A in Wolverhampton City Council, this home could be transformed into an attractive asset with some dedicated improvements.

Investment Analysis

(WV4 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£257
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 10.6%
5 year growth: 38.0%
Investment Disclaimer: Analysis based on WV4 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

Parkfield Road, Wolverhampton
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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
£476
Based on a loan of £97,500 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