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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

£200,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This expansive three-storey terraced property offers a unique opportunity to craft a remarkable family home in the heart of Wolverhampton. Featuring a full cellar, the potential for adding significant living space is clear. While the entire house requires general upgrades, the ground floor is particularly in need of attention, presenting an excellent canvas for transformation into a beautifully designed living area. Entering through a spacious and elegant hallway with stunning tiled flooring, you're welcomed into two light-filled reception rooms perfect for various functions from formal entertaining to casual family gatherings. The kitchen, along with an inner lobby and utility area, provides ample space for creative redesign, while a guest W/C adds convenience. The cellar beneath enhances possibilities for additional recreational or storage options. On the first floor, two reasonably sized bedrooms accompany a family bathroom, while a unique secondary staircase leads to the upper levels where you will find another bedroom and the principal master suite. This master room opens up to a versatile area that can serve multiple purposes such as an office or playroom. The property's generous scale and adaptable layout cater well to families seeking extra space or those wanting dedicated areas for work or leisure pursuits. Located centrally on Merridale Lane, residents will benefit from easy access to Wolverhampton's city centre and its array of shops and reputable schools. Although some remedial works are necessary throughout, this property is brimming with charm and long-term appeal—making it an outstanding renovation project suitable for investment or personal customization.

Investment Analysis

(WV3 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +7.0% over the last 12 months
3 year growth: 18.5%
5 year growth: 31.9%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 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