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Spring Road, Wolverhampton WV4

West Midlands

£175,000

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
818 sqft

Description

This three-bedroom semi-detached property presents a blank canvas for those looking to inject their personal style. It is in need of comprehensive modernisation, making it an attractive option for first-time buyers, families seeking a tailored home, or savvy investors looking for a project with significant upside potential. The ground floor comprises two spacious reception rooms alongside a kitchen that could be reconfigured to enhance the living space. The upper level features two sizeable double bedrooms and a single bedroom, paired with a family bathroom. Outside, the property boasts a generous rear garden complete with a brick-built shed, ideal for storage or as a workshop. The front garden similarly offers scope for development, potentially allowing you to create off-road parking or extend the driveway. Conveniently located near shops, supermarkets, schools, and other essential services, this property is also within easy reach of Wolverhampton city centre via car or public transport. Nearby parks and green spaces offer lovely spots for leisure activities. This home represents an excellent opportunity to increase value through thoughtful renovations and personal touches.

Investment analysis

(WV4 area)

Below Market Value

This property is priced -14.0% below area average per sq ft

-14.0%
Potential saving
This Property
£214/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£223,915
10% above area average per sq ft
Potential ROI
-0.5%
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

Spring 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
£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.

Stamp duty calculator

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