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Oxbarn Avenue, Wolverhampton, West Midlands, WV3 - Image 1
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Oxbarn Avenue, Wolverhampton, West Midlands, WV3 - Image 3
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Oxbarn Avenue, Wolverhampton, West Midlands, WV3

West Midlands

£200,000
Listed on 06/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
900 sqft

Description

Situated in a sought-after residential neighborhood of Bradmore Penn, Wolverhampton, this 3-bedroom semi-detached bungalow offers significant renovation and investment potential. The property is primed for modernization, providing an excellent opportunity for buyers to personalize their living space according to their tastes and needs. Upon entering, you will find a welcoming porch that leads into a spacious lounge/diner, ideal for casual everyday life as well as gatherings with family and friends. The layout is generous, making it conducive to various reconfiguration possibilities. The kitchen and lobby/veranda have substantial space that could be reimagined into a more contemporary design. While the family bathroom is functional, it presents opportunities for upgrades to enhance both aesthetics and efficiency. Some initial redecorating work has already been undertaken, such as wallpaper removal, giving the new owner a head start on their renovation journey. Outdoor space is another strong point of this property; the private rear garden serves as a serene retreat for relaxation or outdoor activities. Additionally, the large front driveway accommodates parking for multiple vehicles, catering well to families and guests alike. Practical features such as double glazing throughout and central heating from a back boiler contribute to year-round comfort. The location enhances the property's appeal further. Residents can easily access a variety of local amenities including shops, cafes, and restaurants within walking distance. Families will benefit from nearby schools, adding convenience for those with children. Excellent transport links provide straightforward commutes to Wolverhampton city center and beyond via bus routes and major roads. With its blank canvas awaiting personal touches, this bungalow at Oxbarn Avenue not only represents an opportunity to create a modern home but also holds great promise as an investment in a growing community. With vision and effort, it could transform into a stylish residence tailored to individual preferences.

Investment Analysis

(WV3 area)

Below Market Value

This property is priced -6.5% below area average per sq ft

-6.5%
Potential saving
This Property
£222/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£235,373
10% above area average per sq ft
Potential ROI
+4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +7.0% over the last 12 months
3 year growth: 18.5%
5 year growth: 31.9%
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

Oxbarn Avenue, Wolverhampton, West Midlands, WV3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE