4-bedroom detached house · WV4 4TR
Sold STCListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* A Bespoke Designed Three / Four Bedroom Detached Property with Great Potential for Re-Development Occupying a Generous Sized Plot in the Desirable Springhill Park Area of Lower Penn * Entrance Hallway * Cloakroom and Under-Stairs Storage Cupboard * Spacious 16ft Length Living Room with French Doors Opening onto the Rear Patio Area Creating an Ideal Family Entertaining Space * Well Proportioned Kitchen benefitting from Plenty of Natural Light * Separate Dining Room * Garden Room to the Rear of the Property * Downstairs W/C * Ample Storage Rooms * Principle Bedroom with Built-In Wardrobes * Two Further Double Bedrooms * Single Bedroom * Modern Family Shower Room * Separate W/C * Full Double Glazing and Gas Central Heating Throughout * Single Integral Garage with Rear Garden Access * Driveway Parking * Mature Front and Enclosed Rear Garden * No Onward Chain * Springhill Park in Lower Penn offers convenient access to a range of everyday amenities.
Residents are within easy reach of the bustling area of Penn, which features local shops, supermarkets, cafés, and healthcare services.
Larger retail options can be found a short drive away at Merry Hill and Wolverhampton City Centre, providing extensive shopping, dining, and leisure facilities.
The nearby Penn Common offers open green space for walking and recreation, contributing to the area’s suburban appeal.
The property is well placed for families, with a selection of reputable schools nearby catering from junior through to secondary level.
Primary options include Springdale Primary School and Warstones Primary School, both known locally for their strong community focus.
For secondary education, residents have access to Highfields School and Wolverhampton Grammar School, offering a range of academic pathways.
This variety makes the area attractive for families seeking continuity in education close to home.
Transport links from Springhill Park are excellent, with regular bus services connecting the area to Wolverhampton city centre and surrounding districts.
For rail travel, Wolverhampton Railway Station provides direct connections to major cities including Birmingham and London.
The area also benefits from convenient road access to the A449 and nearby motorway networks such as the M6 Motorway, making it suitable for commuters travelling across the region.
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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.
Area
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FAQ
About Springhill Park, Lower Penn
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