4-bedroom detached house · WV6 8DE
Sold STCListed 387 days
Opportunity summary
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About
An incredibly rare development opportunity provided by a substantial family home with significant potential for improvement and enlargement and planning permission granted for two dwellings to the rear of the plot, both accessed off Quail Green.
There is a total site area of approximately 0.9 acres in total Location - Perton Road is one of the most sought after roads within the affluent suburb of Wightwick which is, in itself, one of the most favoured parts of Wolverhampton.
A wide range of local amenities are available within Tettenhall Village, Tettenhall Wood and the Perton shopping centre whilst the more extensive amenities afforded by the City Centre are within easy reach.
Furthermore, the area is well served by schooling in both sectors.
Description - Greenways offers an unusual and exciting development opportunity which is rarely found these days which could be ideal for developers or extended families.
The principal residence requires a substantial scheme of modernisation and improvement with the potential for significant works of extension, subject to gaining all of the usual and necessary consents and permissions.
Furthermore, planning permission exists for the construction of two dwellings to the rear of the plot, both of which would be approached off Quail Green.
Greenways Accommodation - Greenways is a substantial home with elevations of architectural note and well balanced living areas internally.
The accommodation currently comprises a timber framed PORCH with a HALL which leads to a fine DRAWING ROOM with wide circular bow window overlooking the gardens, a DINING ROOM which is, again, a room of fine proportions together with a SITTING ROOM with a light corner aspect with windows to both the front and side and there is also a SNUG with a window overlooking the rear gardens and a door to the BREAKFAST KITCHEN.
A door from the dining room opens into a STUDY which is an ideal room for those wishing to work from home and a door from the kitchen opens into a SIDE HALL with doors to both the front and rear, a SECOND CLOAKROOM, a LAUNDRY / SPICE KITCHEN and there is a door into the garage.
A three rise staircase from the hall leads to the galleried landing. The PRINCIPAL BEDROOM SUITE has a large double bedroom with a generously proportioned EN-SUITE BATHROOM.
There are THREE FURTHER GOOD SIZE BEDROOMS, A STOREROOM, A BATHROOM and a separate WC.
Outside - The plot has a wide frontage to Perton Road with a DRIVEWAY laid in tarmacadam providing ample off street parking. There is a GARAGE with workshop and a UTLITY ROOM.
There is a beautifully matured GARDEN to the rear with sweeping lawns, well planted beds and borders and a superb degree of privacy.
There is an area to the side of the house with two greenhouses, timber garden shed and garden store and there is also an ornamental fish pool.
Planning Permission - Planning Permission has been granted for the "erection of Two Dwellings" which would be accessed off Quail Green.
Each house is proposed to provide three reception rooms and four bedrooms with two bath / shower rooms.
Application No: 25/00545/FUL Date 15th July 2025 Services - We are informed by the Vendors that all mains services are connected COUNCIL TAX BAND G – Wolverhampton POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the Tettenhall Office. The property is FREEHOLD.
Broadband – Ofcom checker shows Standard and Ultrafast broadband are available Mobile data coverage is constantly changing, please use the property postcode and this link for the most up to date information from Ofcom: Ofcom provides an overview of what is available, potential purchasers should contact their preferred supplier to check availability and speeds.
The long term flood defences website shows very low risk.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Greenways and Building Plots, 45 Perton Road, Wightwick, WV6 8DE
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