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Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3 - Image 1
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Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3

West Midlands

£200,000

Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This impressive three-storey terraced house offers a fantastic chance to transform a substantial property into a modern family home in the heart of Wolverhampton. While it requires comprehensive upgrades, particularly on the ground floor, this presents an excellent opportunity for investors or homeowners looking to create a bespoke living space. The entrance greets you with an inviting hallway featuring classic tiled flooring, which leads to two spacious reception rooms filled with natural light—ideal for both entertaining and comfortable family gatherings. The kitchen, accompanied by an inner lobby and utility space, provides ample room for reconfiguration to meet contemporary preferences. Additionally, the full cellar beneath the main living areas holds considerable potential for conversion into extra usable space, such as a games room or additional storage. On the first floor, you will find two generously proportioned bedrooms alongside a family bathroom. Ascending to the second level reveals further possibilities with another bedroom and the master suite that boasts access to an adaptable upper area that can function as a home office, playroom, or creative studio. This property’s layout supports flexible living options that are well-suited for a growing family or those in need of extra workspace. Centrally located on Merridale Lane, residents benefit from proximity to Wolverhampton city centre, local amenities, and reputable schools. The Grammar School playing fields offer pleasant views from the first-floor windows, enhancing the overall appeal. Although some remedial work is necessary throughout, this property stands out as an exceptional opportunity to personalize a characterful home with significant long-term value in a desirable location.

Investment Analysis

(WV3 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +22.1%
5 year growth: +21.4%
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.

Location

Merridale Lane, Merridale, Wolverhampton, West Midlands, WV3
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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
£714
Based on a loan of £150,000 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

-9.1% since listed
£200,000£20,000(-9.1%)
27/12/2025
Current price
£220,000Initial listing
09/11/2025

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