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Merridale Street West, Wolverhampton, WV3 - Image 1
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Merridale Street West, Wolverhampton, WV3 - Image 3
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Merridale Street West, Wolverhampton, WV3

West Midlands

£200,000
Listed on 01/04/2026

Property Details

Bedrooms
5
Type
End Of Terrace
Area
1768 sqft

Description

This end-terrace home in Wolverhampton presents a compelling renovation opportunity, particularly for investors or buyers keen to undertake refurbishment work. Originally established as a corner shop, the property has been utilized as a licensed H.M.O accommodating four rooms, and it holds significant potential for continued investment use, pending necessary approvals. The accommodation features four generous double bedrooms and one ample single bedroom, which allows for flexible living arrangements suitable for shared occupancy or larger families. Additionally, the property includes a secured courtyard parking space and a detached garage at the rear—an asset that enhances its appeal in this urban setting. Situated within walking distance to Wolverhampton city centre, residents have convenient access to an array of shops, dining options, cafes, and essential amenities. Local schools are nearby, catering to the educational needs of the community. Transport links are robust in this area; Wolverhampton railway station offers direct services to key destinations such as Birmingham, London Euston, Manchester, and Liverpool—making commutes efficient with journey times to Birmingham typically between 20-25 minutes. Regular bus services also connect the neighborhood with surrounding regions. With its prime city location, historical H.M.O usage potential, secure parking facilities, and garage space, this five-bedroom property is an ideal candidate for renovation that could significantly increase its value.

Investment Analysis

(WV3 area)

Below Market Value

This property is priced -52.8% below area average per sq ft

-52.8%
Potential saving
This Property
£113/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£466,363
10% above area average per sq ft
Potential ROI
+94.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +17.7%
5 year growth: +25.9%
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, WV3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £150,000 over 30 years at 3.91% 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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