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Parkfield Road, Wolverhampton

West Midlands

£110,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terrace property presents a valuable investment opportunity for buyers seeking a renovation project. The home is available on a cash-only basis and comes with no onward chain, making it an attractive option for those ready to dive into renovations. Conveniently located near public transport links and with easy access to the city centre, the layout includes two spacious reception rooms, a functional kitchen, two double bedrooms, and a first-floor bathroom. Each room benefits from natural light through double-glazed windows and features essential amenities such as radiators throughout. The property boasts a rear garden accessible from the kitchen, providing potential for outdoor improvements or landscaping. As this residence requires a comprehensive updating scheme, it offers an excellent canvas for investors or DIY enthusiasts to enhance its value and appeal. With a freehold tenure and essential services like mains gas and electricity in place, this property is primed for transformation in the vibrant West Midlands area.

Investment Analysis

(WV4 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.4%

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
25
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +5.5%
5 year growth: +25.9%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£392
Based on a loan of £82,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-15.4% since listed
£110,000£20,000(-15.4%)
22/05/2026
Current price
£130,000£5,000(-3.7%)
06/11/2025
£135,000+£5,050(+3.9%)
23/10/2025
£129,950Initial listing
22/08/2025

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