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Ringwood Road, Wolverhampton, West Midlands, WV10 - Image 1
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Ringwood Road, Wolverhampton, West Midlands, WV10

West Midlands

£88,000
Listed on 06/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
762 sqft

Description

This two-bedroom semi-detached house in Bushbury provides a prime opportunity for renovation enthusiasts or investors. The property features a traditional layout with an entrance hallway that leads to a front reception room, a separate lounge, and a kitchen on the ground floor. Upstairs, you will find two bedrooms along with a bathroom. An added bonus is the outdoor space, which includes off-road parking at the front and a spacious garden at the back, complete with an outbuilding and wooden shed. However, it is important to note that this property requires extensive refurbishment throughout and is currently unsuitable for mortgage financing; thus, it is being sold strictly to cash buyers. This unregistered probate property offers the potential for significant value enhancement post-renovation in this well-connected area of Wolverhampton, close to essential amenities and transport links.

Investment Analysis

(WV10 area)

Below Market Value

This property is priced -49.5% below area average per sq ft

-49.5%
Potential saving
This Property
£115/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£191,654
10% above area average per sq ft
Potential ROI
+38.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (WV10)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 2.3%
5 year growth: 26.6%
Investment Disclaimer: Analysis based on WV10 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

Ringwood Road, Wolverhampton, West Midlands, WV10
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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
£322
Based on a loan of £66,000 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