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Greenways and Building Plots, 45 Perton Road, Wightwick, WV6 8DE - Image 1
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Greenways and Building Plots, 45 Perton Road, Wightwick, WV6 8DE

West Midlands

£1,395,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a remarkable opportunity for those interested in development or family expansion. Situated on a generous 0.9 acres in the desirable Wightwick area of Wolverhampton, this substantial family home is ripe for modernization and offers potential for significant enhancement. Planning permission has already been granted for two new dwellings to be built at the rear of the plot, accessible from Quail Green, making this a prime investment for developers or extended families looking to create additional living spaces. The existing residence itself requires considerable modernisation and holds great promise for extension, pending the necessary local consents. The layout currently features an array of well-balanced living areas, including a drawing room with elegant circular bow window views of the garden, spacious dining and sitting rooms, as well as a cozy snug. There is also a convenient study perfect for remote work. Upstairs accommodates four good-sized bedrooms, including a principal suite with en-suite facilities, along with additional bathrooms and storage space. Outside, the broad driveway provides ample parking alongside a garage with workshop space and utility room. The rear garden is beautifully landscaped with mature plants ensuring privacy and tranquility. This property not only offers immediate potential through refurbishment but also long-term investment opportunities within one of Wolverhampton's most sought-after suburbs.

Investment Analysis

(WV6 area)
Area Average
£281/sq ft
Avg Rent (weekly)
£254
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (WV6)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +6.8%
5 year growth: +16.2%
Investment Disclaimer: Analysis based on WV6 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

Greenways and Building Plots, 45 Perton Road, Wightwick, WV6 8DE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£5,031
Based on a loan of £1,046,250 over 30 years at 4.06% 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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