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Broadway, Finchfield, Wolverhampton, WV3

West Midlands

£175,000

Listed on 18/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
956 sqft

Description

Nestled in a quiet cul-de-sac just off Finchfield Hill, this mid-terraced home presents an exceptional opportunity for buyers looking to personalize and modernize a property to their taste. Homes in this desirable area seldom come on the market, making this a unique chance to create a customized residence in one of Wolverhampton's most sought-after locations. With approximately 956 square feet of space, the property boasts significant potential for refurbishment. The current layout is flexible and lends itself well to imaginative redesign, including the possibility of extending the ground floor, subject to planning permission. Equipped with gas central heating, this home offers a solid base for those wishing to undertake either a full cosmetic upgrade or a more extensive transformation. The entrance hall features a C-shaped staircase leading to the first floor and provides internal access to an 18ft garage, which is ideal for storage, workshop use, or future conversion possibilities (subject to planning permission). The traditional kitchen is located at the front of the house, while the rear features a spacious open-plan living and dining room, perfect for entertaining or relaxing. Upstairs, three well-proportioned bedrooms and a bathroom offer excellent potential for modernization, providing flexibility for families or home working. Externally, the property includes a driveway for off-road parking and access to the garage. The southeast-facing rear garden is enclosed and private, offering ample opportunity for landscaping or creating outdoor dining areas. Despite its tranquil setting, Broadway is conveniently located near Finchfield Shopping Parade, excellent schools, several bus routes, and the beautiful Smestow Nature Reserve. The amenities of Compton and Tettenhall Village are also nearby, with Wolverhampton city center less than two miles away, making this an ideal base for commuting. Offered with no upward chain, this is a rare opportunity to secure a property with tremendous potential in a premium WV3 location. Early interest is strongly recommended.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

55out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This mid-terraced house in a quiet cul-de-sac presents a unique opportunity to acquire a property with significant potential for refurbishment. The asking price of £175,000 is notably cheap at £183/sqf compared to the local average of £232/sqf, making it an attractive entry point for buyers willing to invest in a comprehensive renovation. The home boasts a versatile layout that could benefit from modernisation, with three well-proportioned bedrooms and a spacious living area that could be reconfigured for a more open-plan design. The presence of an 18ft garage adds further potential for conversion or additional storage space.

However, the overall economics show that the all-in costs, estimated around £275,000 when including renovation, stretch the budget against local benchmarks, indicating a challenging margin for value uplift. The property exhibits significant signs of wear throughout, with dated interiors in need of a full cosmetic upgrade. Additionally, the overgrown garden requires maintenance, further emphasizing the scale of the project ahead. Despite these challenges, the cheap entry price offers a compelling opportunity for those looking to create a bespoke residence in a desirable location.

Key opportunities

  • Potential for reconfiguration and modernisation throughout, creating a bespoke living space.
  • The spacious layout allows for an open-plan living arrangement, enhancing functionality and flow.
  • Off-road parking and a garage provide additional utility and future conversion options.

Key risks

  • Stripped interiors and an estimated £80,000–£120,000 refurbishment budget make this a full-gut programme, not a refresh.
  • Factor in roughly £275,000 once the asking price and an estimated £100,000 of refurbishment are combined — roughly 19% above what comparable floor area achieves locally in current condition, so margin after refurbishment is unproven.

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Map

Location

Broadway, Finchfield, Wolverhampton, WV3
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 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.

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