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596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 1
596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 2
596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 3
596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 4
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596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 6
596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 7
596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 8
596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL - Image 9
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596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL

West Midlands

£99,500Guide Price

Listed on 13/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced property presents a solid opportunity for those looking to invest in a home with notable renovation potential. The spacious layout includes two generous reception areas, where one could easily be converted into a third bedroom if desired. Many nearby properties have successfully undergone extensions, providing a clear pathway for enhancement and increased value. Both double bedrooms are well-sized, complemented by a family bathroom, while the larger-than-average rear garden promises excellent outdoor space that could be further developed. Located in a desirable part of the West Midlands, this property benefits from strong rental demand with an estimated income exceeding £10,000 annually. It is conveniently situated near local amenities and has good transport links to the city center, making it attractive not just to homeowners but also investors seeking profitable opportunities. Offered at auction, this property invites early viewing to fully grasp its size and investment possibilities.

Investment analysis

(WV4 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WV4)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +4.8%
5 year growth: +24.3%
Investment Disclaimer: Analysis based on WV4 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

596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL
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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
£376
Based on a loan of £74,625 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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