We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · WV4 6BD
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MUST BE SEEN TO BE APPRECIATED - CASH BUYERS PREFERRED. A deceptively spacious bungalow providing excellent and versatile accommodation for sale by way of The Modern Method of Auction.
This unique family home requires some modernisation but offers great potential and is for sale with no upward chain.
This four/five bedroom home benefits from a stunning living room with bar, fitted kitchen plus utility, a stylish bathroom having bath and separate shower cubicle, ample off road parking, double glazing and a private rear garden with patio area and lawn area.
The property is protected by a burglar alarm system.
The property is ideally located, with the renowned Dudley Road only a short distance away having the benefit of a range of local amenities close to hand, with easy access and transport links into Wolverhampton City Centre and surrounding areas.
Council Tax Band C. Energy Rating C. Tenure FREEHOLD. This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional. Approach By way of concrete imprint driveway providing off road parking for numerous vehicles past lawn fore-garden.
Reception Hall UPVC door to the front and to the rear. Living Room 7.08m x 6.02m - 23'3" x 19'9" Fitted bar, electric storage heater and double glazed sliding door to the rear garden.
Kitchen 6.07m x 2.56m - 19'11" x 8'5" Inset stainless steel sink top with fitted base units and decorative laminate work tops, built-in oven with five ring gas hob and cooker hood, range of fitted wall cupboards, ceramic wall tiling and double glazed window.
Utility 2.11m x 2.06m - 6'11" x 6'9" Stainless steel sink top with base units, plumbing for washing machine, wall cupboards, double glazed window and door leading out.
Bedroom One 5.13m x 3.48m - 16'10" x 11'5" Double glazed window. Bedroom Two 3.22m x 3.2m - 10'7" x 10'6" Double glazed window.
Bedroom Three 3.2m x 2.66m - 10'6" x 8'9" Single glazed window. Bedroom Four/Sitting Room 3.98m x 2.69m - 13'1" x 8'10" Double glazed window.
Bedroom Five/Study 4.04m x 1.8m - 13'3" x 5'11" Double glazed window.
Bathroom 3.6m x 1.4m - 11'10" x 4'7" Having white suite comprising: panelled bath, shower cubicle with shower fitting, wash hand basin built-into vanity unit and low flush WC.
Ceramic wall tiling and wall heater.
WC Low flush WC Rear Garden Enclosed and private from neighbouring properties, paved patio area, cold water tap, lawn area, numerous flowers and flowering shrubs.
Buyers Information In line with UK anti-money laundering regulations, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity. The cost of these checks is £30 (including VAT) for each purchaser and any giftors contributing funds.
This fee is paid in advance when an offer is agreed, and prior to the issuance of a sales memorandum. Please note that this charge is non-refundable.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
Agent & docs

FAQ
About 279 Wolverhampton Road East, Parkfields, Wolverhampton
Explore nearby