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Lane Green Road, Bilbrook, Wolverhampton, WV8 1LR

West Midlands

£350,000
Listed on 04/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1124 sqft

Description

This three-bedroom detached home presents a significant opportunity for investors or buyers looking to make their mark in Bilbrook. Situated off Lane Green Road, the property is positioned in a desirable residential area, yet it invites a fresh perspective with its need for modernization. The south-facing rear garden is particularly noteworthy, offering ample space for potential extensions or redesigns (subject to obtaining necessary planning permissions), while still preserving generous outdoor living areas. Inside, the home features a practical layout with two reception rooms that provide good natural light and access to the garden. The kitchen and utility room are functional but could benefit from modern updates. The bedrooms are of decent size, though they could be reconfigured to maximize space and utility. The garage adds extra value and storage potential. This property is a blank canvas awaiting creative ideas for enhancement, whether through cosmetic updates or structural modifications. Given its prime location and spacious plot, this home represents an excellent investment for those looking to create their dream property over time.

Investment Analysis

(WV8 area)

Above Market Value

This property is priced +5.4% above area average per sq ft

+5.4%
This Property
£311/sq ft
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£365,171
10% above area average per sq ft
Potential ROI
-7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WV8)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +11.9%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on WV8 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

Lane Green Road, Bilbrook, Wolverhampton, WV8 1LR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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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