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Westacre Crescent, Wolverhampton, West Midlands, WV3

West Midlands

£140,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
947 sqft

Description

This two-bedroom property presents an interesting opportunity for buyers looking to invest in a renovation project. Located in the West Midlands, it comes with the added benefit of being available through a Modern Method of Auction, which allows for a straightforward transaction with a completion period of 56 days. The buyer will need to carefully assess the property's condition and consider mortgage arrangements before making a bid. A Buyer Information Pack is provided, and it's essential to review this prior to bidding, as it contains crucial information about the property. The auction process requires a non-refundable Reservation Fee, which adds another layer of commitment for interested purchasers. Given its potential, this property could be transformed into a modern living space or improved for rental purposes, with ample scope for enhancements. However, prospective buyers should keep in mind that certain fixtures and fittings will need to be negotiated with the seller upon purchase.

Investment Analysis

(WV3 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£148/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£247,300
10% above area average per sq ft
Potential ROI
+37.4%
After renovation
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
33%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +15.9%
5 year growth: +27.6%
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

Westacre Crescent, Wolverhampton, West Midlands, 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
£505
Based on a loan of £105,000 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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