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Banstead Close, Wolverhampton, West Midlands, WV2 - Image 1
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Banstead Close, Wolverhampton, West Midlands, WV2

West Midlands

£140,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
House
Area
494 sqft

Description

This two-bedroom residence presents an appealing opportunity for individuals eager to enhance and customize their living space. The solid layout and generous proportions make it ideal for first-time buyers, investors, or anyone looking to imprint their personal style on a new home. The welcoming entrance leads to a bright lounge at the front, highlighted by a bay window that invites ample natural light and creates an airy atmosphere. The kitchen, located at the rear, offers significant potential for redesign—such as modern units or even an open-plan renovation depending on your vision. Upstairs, the first floor hosts two bedrooms accessed via a central landing. The principal bedroom offers ample space for furniture arrangements, while the second bedroom is well-suited as a cozy single room. A family bathroom rounds out this level. Outside, enjoy the convenience of off-road parking with a driveway and a private garden area to the side. Set within a well-established residential community south of Wolverhampton city centre, this property is close to various local amenities including convenience stores and supermarkets like Sainsbury's and Asda. Families will appreciate the proximity to primary and secondary schools in the area. With easy access to Wolverhampton city centre’s broader array of shopping, leisure options, and dining establishments—and strong transport links via bus routes and major roads like the A449—this property stands as a straightforward project with clear potential for future enhancements.

Investment analysis

(WV2 area)

Above Market Value

This property is priced +24.1% above area average per sq ft

+24.1%
This Property
£283/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£200
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£124,140
10% above area average per sq ft
Potential ROI
-27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (WV2)

Area prices are rising by +24.8% over the last 12 months
3 year growth: +22.2%
5 year growth: +20.3%
Investment Disclaimer: Analysis based on WV2 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

Banstead Close, Wolverhampton, West Midlands, WV2
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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
£529
Based on a loan of £105,000 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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