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Oxbarn Avenue, Wolverhampton, West Midlands WV3 - Image 1
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Oxbarn Avenue, Wolverhampton, West Midlands WV3

West Midlands

£230,000

Listed on 28/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1132 sqft

Description

This three-bedroom semi-detached property presents a valuable opportunity for those looking to invest in a home with significant renovation potential. Located in the established residential area of WV3, the property offers a practical layout and ample living space, ideal for creating a personalized family environment. The ground floor features an entrance hall that leads into a spacious lounge, perfect for everyday family life. The kitchen dining area at the rear overlooks the private garden and holds considerable promise for modernization, making it an inviting space for both entertaining and daily use. Upstairs hosts three reasonably sized bedrooms, offering flexibility that can accommodate a growing family or serve as dedicated workspaces. The family bathroom rounds out the first floor, providing essential amenities but also an area ripe for updating. Though in need of refurbishment, this house provides a solid base from which to develop and enhance its appeal. Additional features include double glazing and gas central heating, which contribute to its practicality and efficiency. The private rear garden offers a secure area for outdoor activities, while off-road parking is conveniently provided by the secured front driveway. The location adds further value with reputable primary and secondary schools nearby, making it particularly attractive to families. Essential shopping facilities and supermarkets are within easy reach, alongside local amenities available in both Penn and Wolverhampton city centre. Transport links via the A449 and A41 ensure smooth access to the city centre and surrounding areas supported by reliable public transport options. Overall, this property represents an excellent canvas for those eager to invest in a home with vast potential in a sought-after location.

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Investment analysis

(WV3 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£203/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£288,513
10% above area average per sq ft
Potential ROI
+11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WV3)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +13.8%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on WV3 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

Oxbarn Avenue, Wolverhampton, West Midlands WV3
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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
£869
Based on a loan of £172,500 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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