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See how verdicts work3-bedroom detached house · WV4 6BE
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY AN EXTENDED TWO BEDROOM DETACHED BUNGALOW WITH A ONE BEDROOM ATTACHED ANNEX! Accommodation comprises; porch, kitchen, lounge, two bedrooms, bathroom.
Annex: lounge, kitchen, bathroom and bedroom. Outside: garden and workshop.
DESCRIPTION The award winning Connells Wolverhampton branch are delighted to present The Old Colliery, an extended two bedroom detached bungalow with an attached 1-bedroom annex, offering a perfect blend of comfort and versatility.
This charming property is ideal for families or those looking for ground floor accommodation providing ample living space and modern conveniences.
Upon entering the bungalow, you are welcomed into a spacious kitchen that flows seamlessly into a large lounge, creating a perfect area for both relaxation and entertaining.
The property features two double bedrooms and a well-appointed bathroom which completes the main living area.
The attached annex is a wonderful addition, featuring its own lounge, kitchen, bathroom, and bedroom, making it an ideal space for guests or extended family.
Outside, the property boasts a generously sized garden, perfect for outdoor activities and gatherings. Additionally, a workshop is available, providing extra space for hobbies or storage needs.
The bungalow is equipped with solar panels, enhancing its energy efficiency. The Old Colliery on Olive Avenue is a rare find and viewings are highly recommended.
Don't miss out on the opportunity to make this lovely property your new home. Call the Connells Wolverhampton branch today to book your viewing.
Location And Area Situated to the south of Wolverhampton City centre with easy access to Birmingham New Road, A449 and the Black Country route.
Just a short distance away from numerous local parks and both Wolverhampton and Coseley train station. Approach Generously sized driveway and front garden.
Porch Two double glazed windows to side, double glazed window to front, door to kitchen.
Kitchen 18' 7" x 13' 10" ( 5.66m x 4.22m ) Matching wall and base units with African Teak worktops, plumbing point for washing machine, space for dryer, wall mounted boiler, belfast sink with mixer tap, integrated dishwasher two fridge and freezers, door to porch, french doors to patio area.
Lounge 21' 2" x 18' 2" ( 6.45m x 5.54m ) Gas fire place with brick surround, infrared heater panel, french doors to the kitchen, doors to bedrooms and bathroom, two radiators, double glazed windows to side.
Inner Hallway Loft access, ceiling light point, access to the lounge. Bedroom One 14' 2" x 12' 9" ( 4.32m x 3.89m ) Double glazed windows to rear and side, radiator.
Bedroom Two 13' 4" x 11' 10" ( 4.06m x 3.61m ) Double glazed window to side, radiator.
Bathroom Panelled bath with shower attachment, low flush wc, vanity wash hand basin, separate shower cubicle, partly tiled walls, extractor fan, radiator, double glazed window to side.
Lounge Annex 15' 10" x 13' 1" ( 4.83m x 3.99m ) Three double glazed windows to front, double glazed window to side, two radiators, electric fireplace, doors to kitchen.
Kitchen Annex 12' 9" x 7' 7" ( 3.89m x 2.31m ) Double glazed windows to rear and side, one and a half sink and drainer, mixer tap, electric cooker point, plumbing point for washing machine, wall mounted boiler.
Bathroom Annex Panelled bath, low flush wc, was hand basin, heated towel rail, partly tiled walls, double glazed window to rear.
Bedroom Annex 12' 9" x 10' 6" ( 3.89m x 3.20m ) Double glazed window to rear, radiator.
Outside Rear Patio area with summer house, wood fire brick built pizza oven, greenhouse, two timber sheds, decking area, concrete pairing patio, mature trees, outside tap point, access to the workshop.
Workshop Double glazed window, work bench and electric storage heater.
Agents Note The property has solar panelled to the front and annex, please seek advice for further information before incurring any costs. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
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FAQ
About Olive Avenue, Wolverhampton
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