Harrow Street, Wolverhampton WV1
West Midlands
£159,950
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
TerracedDescription
Victor and Steel Property presents a three-bedroom terraced house on Harrow Street, within reach of Wolverhampton city centre, local shops, supermarkets, schools, public transport, West Park, the university and railway station. The accommodation includes two reception rooms and three bedrooms. A floor plan is being prepared for the listing.
The property is being sold in its current condition and requires refurbishment and modernisation, offering scope for a purchaser to update it to their requirements. It was previously used as an HMO and retains most of the fire-safety features installed for that use. Any return to HMO use would depend on the relevant permissions, licensing and compliance requirements. The agent estimates a rent of £950 to £1,000 per calendar month after refurbishment, but this figure is not guaranteed. The vendor is open to sensible offers, and viewings can be arranged through Victor and Steel Property.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
53out of 100
Grade DWeak opportunity
Confidence: LOW
At £159,950, this three-bedroom terrace offers a usable canvas rather than a major rebuild: the reception rooms and bedrooms have dated finishes and some marked or uneven walls, while the fitted kitchen and bathroom appear serviceable. With £5,000–£12,000 indicated for the works, there is scope to refresh the décor and flooring and tidy the enclosed rear garden. The two reception rooms and former HMO fire-safety features add flexibility, though any return to HMO use would depend on permissions, licensing and compliance.
Key opportunities
- Refresh the dated reception rooms and bedrooms, including finishes and fitted flooring.
- Tidy and improve the enclosed, mainly gravelled rear garden.
- Make use of the two reception rooms and existing HMO fire-safety features, subject to requirements for any shared-accommodation use.
Key risks
- Some wall surfaces appear marked or uneven, so check their condition and the cause during a viewing.
- The front entrance step and paving appear worn or uneven.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£604
Based on a loan of £119,962 over 30 years at 4.45% interest
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