Worst House on the Street Logo
55- 57 Newbridge Crescent, Newbridge, Wolverhampton, WV6 0LH - Image 1
55- 57 Newbridge Crescent, Newbridge, Wolverhampton, WV6 0LH - Image 2

55- 57 Newbridge Crescent, Newbridge, Wolverhampton, WV6 0LH

West Midlands

£995,000

Listed on 10/07/2026

Property details

Bedrooms
16
Type
House

Description

This property presents a unique opportunity to acquire two freehold semi-detached houses that have been converted into seven self-contained apartments, all currently generating rental income. Nestled on a generous plot of just under 0.5 acres, this location is highly desirable, with easy access to local amenities and recreational spaces. Each apartment is let on Assured Shorthold Tenancies, with a total annual rental income of £50,460, offering potential for rent increases and further financial gains. The properties span four storeys and benefit from double glazing throughout. With sufficient space at the rear and two existing garages, there is considerable scope for future development, provided planning permission is obtained. This is an excellent investment for those looking to enhance or expand the property's accommodation capacity. Additionally, both houses are situated conveniently close to transport links and community facilities including shopping areas and parks. The overall condition suggests that while some minor updates may be required to maximize rental potential, significant renovations could yield even greater returns.

Investment analysis

(WV6 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£256
Avg Yield
3.7%

Renovation Potential

Medium 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
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WV6)

Area prices are falling by -5.5% over the last 12 months
3 year growth: +0.7%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on WV6 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

55- 57 Newbridge Crescent, Newbridge, Wolverhampton, WV6 0LH
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,759
Based on a loan of £746,250 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates