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Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 1
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 2
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 3
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 4
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 5
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 6
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 7
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 8
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 9
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 10
Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 11

Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3

West Midlands

£220,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This impressive three-storey terraced home features four bedrooms and includes a full cellar basement, offering a unique opportunity for renovation or investment in a central Wolverhampton location. While the property is in need of general refurbishment, it presents a blank canvas for those looking to modernize and enhance its character. Upon entering, you are greeted by a spacious through hallway with an attractive tiled floor. The ground floor consists of two generously sized reception rooms that are flooded with natural light, making them suitable for various uses such as formal dining or relaxed family gatherings. The kitchen, which connects to an inner lobby and utility area, offers potential for reconfiguration or expansion to better suit modern living needs. Additionally, there's a convenient guest W/C nearby. The cellar beneath the reception rooms adds significant value, with possibilities for conversion into extra living space, recreational areas, or ample storage—enhancing the home's overall functionality. On the first floor, you will find two well-sized bedrooms along with a family bathroom. A secondary staircase leads to the second floor where there’s an additional bedroom and the principal master bedroom featuring access to a versatile split-level upper area. This adaptable space can be transformed into anything from a home office to a playroom, providing flexible options for usage. Located conveniently near Wolverhampton city centre, this property benefits from easy access to local shops and highly regarded schools. Views from the first-floor windows overlook the Grammar School playing fields, adding an appealing open aspect to the environment. The surrounding neighborhood is well-established with community facilities and excellent transport links that cater to families and professionals alike. While some repairs are needed throughout the property, this presents an outstanding opportunity for personalization and renovation potential. With thoughtful updates and creative vision, it could become a stunning family residence filled with charm and long-term appeal in this desirable location.

Investment Analysis

(WV3 area)
Area Average
£245/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 14.7%
5 year growth: 25.4%
Investment Disclaimer: Analysis based on WV3 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.

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Location

Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3
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