2-bedroom bungalow · WV6 8UG
For saleListed 43 days
Opportunity summary
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About
Full description: A freehold corner site in one of the most premium locations in Tettenhall, this unique site has approved Planning Permission (Wolverhampton Council – Ref: 25/01297/FUL) for the demolition of the existing detached bungalow and the erection of a 4 bedroom, 4 bathroom detached house approx.
2,493sq feet (231.7sq metres).
Location: Located just off Wergs Road (A41), 5 Yew Tree Lane occupies one of the most prestigious roads within the locality, convenient for the local amenities available in Tettenhall Village, High Street including a range of local shops, coffee shops and post office.
Not only has Yew Tree Lane been held in high regards, the site is also served well by schooling in both sectors with Tettenhall College, Wolverhampton Grammar School, Wolverhampton Girls High, & Newbridge Preparatory School all in easy reach.
Also very useful for Tennis & Cricket clubs, Golf courses, Gym, and of course opposite Tettenhall Green with the use of an outdoor pool and playing fields, Wolverhampton city centre is also only 3miles away.
Description: A unique and exciting opportunity to purchase a site in such a sought after location with the rare chance of building and individually designed detached house.
Originally the plot of a detached two bungalow which has fallen into disrepair, the private site has approved planning permission for a bespoke 4 Bedroom 4 Bathroom Detached Houses.
Early interest is highly recommended to appreciate this rare purchase! Proposed Plot Accommodation - The proposed accommodation for Plot 1 detached house at approx.
2,493sq feet (231.7sq metres) comprises: Ground Floor: Approx.
1,354.5sq feet (125.84sq metres) Reception Hall Guest Cloakroom Living Room Snug Dining Kitchen with Family Area Utility Garage: First Floor: Approx.
1,133sq feet (105.86sq metres) Galleried Landing Bedroom One Bedroom Two Bedroom Three Three Ensuite Shower Rooms & Family Bathroom Outside Enclosed Rear Garden Driveway Current Site Details Tenure: Freehold Council Tax: Band E – Wolverhampton EPC Rating: F (35) No: 0649-3038-3206-4374-6200 Total Floor Area: 1,001sq feet (93.0sq metres) Approx.
No Upward Chain Broadband – Ofcom checker shows Standard/ Superfast/ Ultrafast are available Mobile: Ofcom checker shows three of four main providers have variable coverage indoor and all four have good coverage outdoor.
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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About Yew Tree Lane, Tettenhall, Wolverhampton
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