2-bedroom terraced house · WV1 2EZ
Sold STCReduced £50k (−23.8%) on 26 AugListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A modern well presented home being sold with no upward chain.
Comprising of entrance hall, downstairs wc, lounge, fitted kitchen, two double bedrooms, family bathroom, low maintenance rear garden, two allocated parking spaces to rear description Connells Wolverhampton have the delighted to bring to market this modern end-terraced home being sold with no upward chain.
Well located to Wolverhampton City Centre and nearby general amenities and transport links alike this property promises to be the ideal choice for first time buyers.
Internally the property comprises of an entrance hall, fitted kitchen, lounge, downstairs wc, two double bedrooms, first floor family bathroom.
Externally the property boasts a low maintenance rear garden and two allocated parking spaces to rear secure gated entrance. Viewing is highly recommended to appreciate the accommodation on offer.
Location And Area Set to the east of Wolverhampton City Centre in the East Park area with easy access to Willenhall Road, within walking distance of East Park, easy access to Wolverhampton Rail Station and Bentley Bridge retail park for shopping.
Entrance Hall Double glazed door to front, radiator, understairs storage cupboard, stairs to first floor landing, access to wc.
Lounge 13' 1" x 11' 6" ( 3.99m x 3.51m ) Double glazed window to rear, double glazed patio doors to rear giving access to garden, plumbing for radiator.
Kitchen 11' 5" x 6' 9" ( 3.48m x 2.06m ) Double glazed window to front, range of wall and base units with worksurfaces above, stainless steel sink drainer, electric oven, gas hob, washing machine.
Wc Double glazed window to front, wc, wash hand basin, part tiled walls. First Floor Landing Loft access, doors to various rooms.
Bedroom One 13' 1" max x 9' 2" max ( 3.99m max x 2.79m max ) Double glazed window to front, radiator, airing cupboard.
Bedroom Two 13' 1" into recess x 7' 9" ( 3.99m into recess x 2.36m ) Double glazed window to rear, radiator, built in wardrobe.
Bathroom Double glazed window to side, wc, wash hand basin, vanity unit, bath with mixer taps and shower head above extractor fan, shaving point, plumbing for heated towel rail.
Outside Front Patio frontage, boarders and shrubs. Outside Rear Slabbed patio, composite rear gate, composite gated side access, two allocated parking space. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
FAQ
About 103, Mayfield Road, Wolverhampton
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