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Caledonia Road, Parkfields, Wolverhampton

West Midlands

£120,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached property is positioned in a quiet cul-de-sac, and it presents an excellent opportunity for renovation and investment. With no onward chain, you can start your project promptly. The layout includes an entrance hall leading to a comfortable lounge, a kitchen/diner situated at the rear, and a convenient ground floor WC. Upstairs, you'll find two well-proportioned double bedrooms and a family bathroom. The home also benefits from front and back gardens that could be revitalized into appealing outdoor spaces. While the property requires cosmetic updates and improvements throughout, it is ideally suited for first-time buyers looking to create their ideal home or investors seeking to enhance value through renovations. Its location in the Parkfields area offers easy access to Wolverhampton City Centre and major transport routes, making it attractive for future tenants or resale after refurbishment.

Investment Analysis

(WV2 area)
Area Average
£219/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.9%

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
9
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (WV2)

Area prices are falling by +14.8% over the last 12 months
3 year growth: -8.2%
5 year growth: -7.7%
Investment Disclaimer: Analysis based on WV2 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

Caledonia Road, Parkfields, Wolverhampton
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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