Oaklands Road, Wolverhampton, West Midlands, WV3
West Midlands
£300,000Guide Price
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
6Type
DetachedArea
2677 sqftFeatures
- Garage
- Parking
Description
Offered at auction, this substantial detached house is arranged over three floors and is described as having five bedrooms, although the supplied property details record six. The accommodation includes four reception rooms and offers scope for a range of uses, subject to the layout and any necessary approvals. The listing states that the property requires complete modernisation.
The house is set back from the road, with a driveway, garages and a generous plot. Its size and existing accommodation may suit buyers considering a comprehensive refurbishment or investigating alternative layouts, including the possibility of flats, subject to planning and other required consents.
Oaklands Road is described as being within reach of local schools, shops, parks and transport links to Wolverhampton city centre and beyond. The sale is by the Modern Method of Auction, with a 56-day reservation period. A buyer information pack is charged at £349 including VAT, and the reservation fee is 4.5% of the purchase price including VAT, subject to a £6,600 minimum. Buyers should review the auction terms and pack before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £300,000, this substantial detached house is priced at about £112/sq ft against a local average of £232/sq ft, making the low entry price a standout opportunity. Its three floors, four reception rooms, driveway, garages and rear garden give a buyer plenty of scope to reshape the house as a large family home; the listing also mentions possible subdivision, subject to planning, but that feasibility is not established.
This is a full-scale project rather than a cosmetic update: dated and worn finishes run across several rooms, the photographed kitchen areas and bathroom facilities need substantial modernisation, and the rear garden is overgrown. The £65,000–£115,000 renovation range gives an indication of the work involved. Brick elevations and a pitched tiled roof are visible, with no clear major roof failure in the photos; the rendered side elevation needs closer inspection.
Key opportunities
- Use the three floors and four reception rooms to create a flexible, generous family home, with scope to rethink how the separate spaces work together.
- Replace the dated kitchen fittings and bathroom finishes, then modernise the worn wall coverings and flooring to give the house a coherent new look.
- Bring the overgrown rear garden and paved area back into use; the driveway and garage structures add practical appeal.
Key risks
- Worn finishes and making-good needs across several rooms, dated kitchen and bathroom areas, and an overgrown garden make the £65,000–£115,000 works range a substantial budget and programme commitment, not a cosmetic refresh.
- The rendered side elevation needs closer condition inspection; no clear major roof failure is visible in the photos.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,133
Based on a loan of £225,000 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.
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