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See how verdicts work5-bedroom house · WV3 0RJ
Listing removedReduced £10k (−5%) on 22 JulListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This end of terrace house is offered for sale in Wolverhampton and provides five bedrooms, two bathrooms, one reception room and one kitchen.
The property is in need of renovation and will appeal particularly to investors and buyers happy to undertake work.
It is understood to have been originally built as a corner shop and has more recently been run as a licensed H.M.O for four rooms, offering clear potential for continued investment use, subject to the necessary consents.
Accommodation includes four double bedrooms and one generous single bedroom, providing flexible layouts for shared living or a larger household.
Externally, the property benefits from secured courtyard parking and a detached garage to the rear, a valuable asset in this urban area.
The house is located within walking distance of Wolverhampton city centre, placing a wide range of shops, restaurants, cafés and local amenities within easy reach.
Nearby schools serve the surrounding residential streets, making the location practical for access to education. Public transport links are a key feature of this address.
Wolverhampton railway station, accessible from the city centre, offers direct services to Birmingham, London Euston, Manchester and Liverpool, with journeys to Birmingham New Street typically around 20–25 minutes.
There are also regular local bus services connecting the area with the wider city.
With its City location, former licensed H.M.O use, secured parking and detached garage, this five-bedroom end of terrace house represents an ideal investment opportunity for those looking to refurbish and add value.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. WOL180037/8
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 58, Merridale Street West, Wolverhampton
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