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Orwell, Birches Road, Codsall, Wolverhampton

West Midlands

£225,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1009 sqft

Description

Introducing a three-bedroom semi-detached home with significant renovation potential, situated in a desirable area that offers convenient access to local amenities. Within walking distance, residents will find shops, schools, and a train station, making this location attractive for families and commuters alike. The property features a traditional layout, comprising two spacious reception rooms and a kitchen on the ground floor. The first floor boasts three double bedrooms along with a family bathroom. While the home is in need of updating and modernization throughout, it presents an excellent opportunity for those looking to invest their skills into transforming it into a contemporary family residence. At the front, the property benefits from a driveway that accommodates off-road parking and leads to an integrated garage. The rear garden is generously sized and adorned with mature planting, including various fruit trees such as apple and quince, providing a lovely outdoor space that could be further enhanced. Codsall is well-served by quality local schools for all ages within walking distance, along with the convenience of Birches Bridge shopping parade nearby. Public transport links are readily available, offering easy access to Wolverhampton City Centre and key commuter routes via the M54 and M6 motorways. An entrance hall welcomes you into the home, featuring storage space as well as access to the living room and dining room. The living room includes a gas fireplace and a window overlooking the front while the dining room similarly features a fireplace with views of the rear garden. The kitchen benefits from dual-aspect windows allowing natural light to flood in as well as under-stairs storage. On the first floor, the landing provides access to all three bedrooms—each generous in size—with windows that ensure they receive ample light. The family bathroom includes essential amenities like a panel bath and washbasin. Additionally, there’s an upstairs loft space that is boarded and equipped with power. This property is offered with no upward chain, making it an ideal candidate for investors or buyers willing to undertake renovation work. With careful planning and vision, this home holds tremendous potential to become an exceptional living space tailored to modern preferences. Viewing can be arranged through local estate agents who can provide further insights into this promising investment opportunity.

Investment Analysis

(WV8 area)

Below Market Value

This property is priced -24.0% below area average per sq ft

-24.0%
Potential saving
This Property
£223/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£325,700
10% above area average per sq ft
Potential ROI
+22.9%
After renovation
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
14%
Properties sold annually

Local Market Trend (WV8)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 7.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on WV8 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

Orwell, Birches Road, Codsall, 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
£824
Based on a loan of £168,750 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