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Cherry Grove, Wolverhampton, West Midlands, WV11

West Midlands

£160,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
753 sqft

Description

This detached bungalow presents an excellent opportunity for those looking to invest in a renovation project. With two bedrooms, a reception room, kitchen, and wet room, the property currently requires updating throughout, allowing for personalization to your own style. The single-level layout enhances accessibility and offers flexibility in redesigning the space to better meet modern living needs. Additionally, being sold with no upward chain facilitates a smoother transaction process. Situated in Wednesfield, the location benefits from close proximity to various local amenities including shops and dining options, while Wolverhampton city centre is also easily accessible for broader retail and entertainment experiences. Public transport links are excellent with nearby bus services and Wolverhampton railway station providing convenient connections to both Birmingham and London. For outdoor enthusiasts, several local parks and green spaces offer recreational opportunities in the surrounding area.

Investment Analysis

(WV11 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£212/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£200,946
10% above area average per sq ft
Potential ROI
+0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (WV11)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +11.7%
5 year growth: +32.0%
Investment Disclaimer: Analysis based on WV11 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

Cherry Grove, Wolverhampton, West Midlands, WV11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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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