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Parkfield Road, Wolverhampton, WV4

West Midlands

£425,000

Listed on 16/07/2026

Property details

Bedrooms
6
Type
Detached
Area
2154 sqft

Description

This expansive five to six-bedroom detached home is located in the desirable Parkfields area, offering a range of adaptable living spaces across two floors. The open-plan lounge and dining area create an inviting atmosphere, while a separate living room provides additional comfort. A modern fitted kitchen meets all your culinary needs. Notably, there is a ground-floor bedroom with an adjoining shower/wet room, making it perfect for multi-generational living or accommodating guests. The upper level houses five spacious bedrooms, including a principal suite with fitted wardrobes and an en-suite bathroom. The property also features a family bathroom for shared use. Outside, the gated driveway allows parking for multiple vehicles, and the enclosed rear garden presents excellent potential for extension (subject to planning permission). With convenient access to local schools, shops, and major road links leading to Wolverhampton city centre, this property not only meets the needs of growing families but also stands as a solid investment opportunity ripe for renovation and customization.

Investment analysis

(WV4 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£197/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£589,625
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
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

Parkfield Road, Wolverhampton, WV4
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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
£1,606
Based on a loan of £318,750 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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