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Mill Lane, Wednesfield, Wolverhampton WV11

West Midlands

£200,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1091 sqft

Description

This traditional three-bedroom detached home features a charming bay front and is positioned in a sought-after area, making it an excellent investment opportunity. The property includes a welcoming porch, entrance hall with original stained glass panels, a cozy lounge with an open fire, a versatile reception room also featuring an open fire, and a functional kitchen. The first floor accommodates three bedrooms, including two with classic open fireplaces and built-in wardrobes. The family bathroom is complemented by a separate WC. Externally, the generous rear garden offers substantial potential for landscaping or outdoor projects, while the front features off-road parking and a garage that presents possibilities for conversion (subject to planning permissions). Although the house boasts characterful features, it requires renovation to realize its full potential as an ideal family residence. With local amenities and transport links nearby, this property is situated perfectly for those looking to invest in a home that can be tailored to their vision. Viewing is strongly recommended for prospective buyers.

Investment Analysis

(WV11 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£183/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£291,144
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (WV11)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +11.7%
5 year growth: +32.0%
Investment Disclaimer: Analysis based on WV11 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

Mill Lane, Wednesfield, Wolverhampton WV11
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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
£756
Based on a loan of £150,000 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.

Stamp Duty Calculator

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