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Merridale Street West, Wolverhampton - Image 1
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Merridale Street West, Wolverhampton

West Midlands

£60,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house on Merridale Street West presents a solid opportunity for investors or homeowners looking to create their ideal space. While the property requires modernisation, its layout boasts a spacious family bathroom and a convenient downstairs WC with shower, making it practical for various living arrangements. The access to local transport links, including roadways leading to the A454 and nearby railway stations, enhances its appeal for commuters. Given the potential for enhancement and personalisation, this property is well-suited for those willing to invest in renovations. An internal viewing is strongly advised to appreciate the possible upgrades.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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 Street West, 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
£220
Based on a loan of £45,000 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