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The Grove, Wolverhampton, WV4 6RU

West Midlands

£375,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1164 sqft

Description

Located in a sought-after residential neighborhood, this three-bedroom dormer bungalow presents considerable renovation and investment opportunities. The property features a remarkably spacious south-facing rear garden, perfect for outdoor enhancements or potential development, along with off-road parking suitable for several vehicles. Upon entering through a welcoming porch, you find a kitchen equipped with modern wall and base units, complemented by real oak worktops and essential appliances including a built-in oven and gas hobs. A cozy living room awaits at the back of the house, boasting a log burner and French doors that extend to the large patio – an ideal spot for entertaining. The ground floor comprises two well-sized bedrooms and a family bathroom that includes a walk-in shower. Upstairs, the principal bedroom offers impressive views over the expansive garden and features an en-suite bathroom along with a walk-in dressing room. Externally, the property has a private driveway with secure side access. The rear garden is divided into several areas: an ample patio suitable for gatherings, a level lawn adorned with mature plants, and an elevated section ideal for storage or gardening projects. There is also direct access to this higher lawn space. This property comes with previously granted outline planning permission for demolition and constructing up to three new dwellings—an enticing prospect for developers willing to reapply. This position not only provides immediate comfort but also significant potential for future returns.

Investment Analysis

(WV4 area)

Above Market Value

This property is priced +30.4% above area average per sq ft

+30.4%
This Property
£322/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,451
10% above area average per sq ft
Potential ROI
-23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (WV4)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +6.9%
5 year growth: +31.2%
Investment Disclaimer: Analysis based on WV4 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

The Grove, Wolverhampton, WV4 6RU
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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
£1,352
Based on a loan of £281,250 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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