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Cranmore Road, Wolverhampton, WV3

West Midlands

£170,000
Listed on 25/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1206 sqft

Description

This three-bedroom mid-terraced property spans three floors and presents a notable chance for buyers interested in renovation and investment, particularly first-time buyers, growing families, or seasoned investors. Situated in a desirable residential area of the West Midlands, it boasts convenient access to local schools, shopping options, and essential services, with Wolverhampton city centre just a short ten-minute drive away for commuters. The entrance hall welcomes you into a bright front reception room highlighted by a bay window that adds charm to the living space. Adjacent to this is a second reception room suitable for dining or family gatherings, which leads to a practical lobby area granting direct access to the rear garden. The kitchen is fitted with ample storage and workspace but would benefit from modernisation. Completing the ground floor is a bathroom with WC. On the first floor, there are two generously sized bedrooms: the main bedroom features another bay window, while the second bedroom has its own en suite for added convenience. A staircase continues upwards to reveal a third bedroom on the second floor, perfect as a guest room or home office. Outside, the property includes an accessible rear garden that holds potential for landscaping or further enhancement. Although some updates are necessary throughout the interior, this home offers significant opportunity for value addition and personalisation. Importantly, recent roofing work completed around five years ago provides peace of mind regarding structural integrity. In summary, this spacious traditional house holds great versatility and potential in its current state and is ideally suited for those looking to invest their vision into a home that stands out.

Investment Analysis

(WV3 area)

Below Market Value

This property is priced -40.7% below area average per sq ft

-40.7%
Potential saving
This Property
£141/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£315,399
10% above area average per sq ft
Potential ROI
+50.2%
After renovation
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

Cranmore Road, Wolverhampton, 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
£623
Based on a loan of £127,500 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