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Richmond Avenue, Finchfield, WV3

West Midlands

£425,000
Listed on 03/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached house presents a substantial opportunity for renovation in a desirable area of Wolverhampton. Set in proximity to Bantock Park and reputable schools, the property is well-placed for family living and investment potential. The layout includes a welcoming entrance hall leading to light-filled living spaces, including a through lounge that opens onto an outdoor patio, perfect for enhancing indoor-outdoor connectivity. A second reception room currently serves as a dining area alongside a functional breakfast kitchen equipped with ample storage. The utility room adds practicality with direct access to the garden, while a convenient downstairs WC completes this level. Upstairs, the accommodation features four bedrooms, three of which are generous doubles, ideal for families or as potential home office spaces. The principal bedroom boasts fitted wardrobes and a charming bay window. Current amenities include double glazing and central heating throughout, with recent updates including a new roof and combi boiler. The exterior offers off-road parking and gated access to a garage that can be used for storage or as a workshop. The rear garden, with its mature trees and established borders, provides an attractive outdoor space that has great potential for landscaping or extension projects, pending planning approval. This property represents not only an inviting family home but also an excellent canvas for future enhancements or modifications in this sought-after location.

Investment Analysis

(WV3 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +8.3% over the last 12 months
3 year growth: +18.7%
5 year growth: +29.4%
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

Richmond Avenue, Finchfield, WV3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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