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279 Wolverhampton Road East, Parkfields, Wolverhampton - Image 1
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279 Wolverhampton Road East, Parkfields, Wolverhampton

West Midlands

£165,000
Listed on 17/04/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1538 sqft

Description

This spacious bungalow presents an excellent opportunity for renovation and investment, particularly for cash buyers. With four to five bedrooms and versatile living spaces, it allows for a variety of family configurations. The generous living room features a bar and opens out to the private rear garden, which boasts both a patio area and lawn. The fitted kitchen and utility area provide ample space for modernization, while the existing bathroom includes both a bath and separate shower cubicle. Although the property requires some modernisation, it offers significant potential for improvement to enhance comfort and style. Located conveniently near local amenities with good transport links to Wolverhampton City Centre, this home is available with no upward chain, making it an ideal candidate for those looking to invest. Additionally, the property benefits from off-road parking and is secured by a burglar alarm system.

Investment Analysis

(WV4 area)

Below Market Value

This property is priced -56.5% below area average per sq ft

-56.5%
Potential saving
This Property
£107/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£417,621
10% above area average per sq ft
Potential ROI
+108.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +5.9%
5 year growth: +27.3%
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

279 Wolverhampton Road East, Parkfields, Wolverhampton
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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
£584
Based on a loan of £123,750 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.

Stamp Duty Calculator

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