4-bedroom semi-detached house · WV6 0DP
Listing removedListed 134 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location - This four bedroom property is located on Riches Street just off Tettenhall Road within close proximity to good schools, eateries and supermarkets.
Bus services are a short walk from the property taking you into the centre of Wolverhampton where you can find both train and tram stations providing excellent transport links both locally and nationally.
Wolverhampton has an array of amenities including an art gallery, The Grand Theatre and the recently refurbished Lockworks Cinema.
Internal - The property boasts three reception rooms, a recently fitted kitchen and a good sized downstairs shower room.
To the first floor the property has four good sized bedrooms and a large family bathroom. Gas central heating is throughout.
External - At the front of the property is a private driveway for off street parking. At the rear is a secure, private garden with paving for low maintenance.
Do not miss out and contact us for a viewing today! Please be aware that if you would like to be considered as a potential tenant the following will be required: Proof of income will be needed.
Salary details will need to be shown. Credit Report will be requested.
(Experian or Credit Karma) TENANT INFORMATION For clarification Holding Deposit equates to one week's rent, contact us if you need any further confidential advice.
The Holding Deposit reserves the property and is payable on completing application forms and supplying ID for anyone who intends to live at the property.
The Holding Deposit will be forfeited if any applicant (including any guarantor(s)) withdraw from the tenancy, provide materially significant false or misleading information.
Deposit (Rent under £50,000 per year) is Five weeks rent. This covers damages or defaults on the part of the tenant during the tenancy and applies to Assured Shorthold Tenancies (AST).
This is paid in advance by bank transfer before signing the Assured Shorthold Tenancies (AST). Deposit (Rent above £50,000 per year) Six weeks rent.
This covers damages or defaults on the part of the tenant during the tenancy and applies to Assured Shorthold Tenancies (AST).
This is paid in advance by bank transfer before signing the Assured Shorthold Tenancies (AST).
Unless specifically agreed or in writing, the tenants are responsible for payment of utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV license.
Council tax (payable to the billing authority); Reasonable costs for replacement of lost keys or other security devices. Rent is payable per calendar month, in advance, by standing order.
Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time. Client Money Protection is provided by Propertymark.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs

FAQ
About 36 Riches Street Newbridge Wolverhampton
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