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Broad Lane, Essington, Wolverhampton, Staffordshire, WV11 - Image 1
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Broad Lane, Essington, Wolverhampton, Staffordshire, WV11

West Midlands

£200,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1019 sqft

Description

This property presents a significant refurbishment opportunity in the sought-after area of Essington. The accommodation includes a porch, entrance hall, spacious lounge/diner, and kitchen on the ground floor, while the first floor comprises three bedrooms and a bathroom. A lengthy rear garden provides ample outdoor space, complemented by a garage and driveway parking at the front. The property is available with no upward chain, making it an attractive prospect for those looking to invest in renovation projects. Offered at auction with a starting bid allowing completion within a 56-day reservation period, prospective buyers are encouraged to assess the property’s condition thoroughly before bidding.

Investment analysis

(WV11 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£196/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£272,827
10% above area average per sq ft
Potential ROI
+11.4%
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 +4.2% over the last 12 months
3 year growth: +9.9%
5 year growth: +28.0%
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

Broad Lane, Essington, Wolverhampton, Staffordshire, 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
£756
Based on a loan of £150,000 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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