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31 Tettenhall Road, Wolverhampton, WV3 9NB - Image 1
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31 Tettenhall Road, Wolverhampton, WV3 9NB

West Midlands

£49,000
Listed on 10/01/2026

Property Details

Bedrooms
5
Type
Semi-detached house

Description

This is a three-story end terraced property featuring five bedrooms and set back from the road with a fore garden. It presents an excellent opportunity for investors looking to convert the property into multiple self-contained flats or a House in Multiple Occupation (HMO), pending necessary planning approvals. The accommodation includes two reception rooms, a kitchen (currently without fittings), utility room, and bathroom on the ground floor; four bedrooms, another kitchen (also unfitted), and shower room on the first floor; plus a fifth bedroom on the second floor. Outside, there are front and rear gardens, adding potential for outdoor space enhancements. While central heating is present, extensive refurbishment is required throughout to realize its full investment potential.

Investment Analysis

(WV3 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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
30%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +6.8% over the last 12 months
3 year growth: 15.9%
5 year growth: 29.7%
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

31 Tettenhall Road, Wolverhampton, WV3 9NB
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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
£179
Based on a loan of £36,750 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