3-bedroom detached house · WV2 2JD
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The James Mill Way development takes its name from its former location as a James Mills metal forming and rolling mill. Now the site offers a beautiful mixture of 2,3 and 4 bedroom homes to rent.
The welcoming central hallway of the Grantham sits in between the living room and the kitchen.
A house designed with you in mind, the spacious lounge provides the perfect area to relax, whilst the dining/kitchen area provides a great place to spend time and entertain with its French windows opening on to the garden.
A WC is conveniently situated off the hallway, completing the downstairs. Upstairs, the house has a large master bedroom with fitted, mirrored wardrobes, and a further two bedrooms.
A stylish family bathroom with a separate bath and shower provides the best of both worlds, whilst a store room on the landing provides a space to store bits and pieces.
Situated just 0.5miles away from Wolverhampton City Centre, you will have everything you need at your fingertips with a Sainsbury’s, Lidl and Iceland under a mile away, plus over 600 shops, bars, cafes and restaurants in the city centre.
Shopping fanatics will also feel right at home with both Mitre Retail Park and Bilston Retail Park located just 0.5km from your doorstep!
The site is also 10 miles away from Birmingham’s city centre, which can be easily accessed by the M6 which is 4 miles from the development, or the local train station, just 0.7 miles away.
Wolverhampton train station additionally offers direct services to Manchester and Liverpool.
With a heavy focus on regenerating the Wolverhampton area in recent years, many families and young professionals are choosing this as a place to call home.
This is encouraged by the excellent standard of schools that are available in close proximity to our development.
There are 75 schools with a ‘Good’ or ‘Outstanding’ Ofsted rating, within 3 miles of James Mill Way.
Deposit: £1550 Holding deposit: £310 Unfurnished Council tax: D Available 13th October 2026 Images are demonstrative of this property type.
The images are therefore not plot or site specific and spec may vary slightly. Properties are let unfurnished.
At Simple Life, we appreciate how important your furry companions are to you, that’s why we have allocated a pet allowance per site, helping your pets to feel right at home too.
All pets need to be applied for in advance using the Pet Application Form. Submitting an application form does not guarantee pet acceptance.
Simple Life reserve the right to refuse any pets at any time. For more details please see our full Pet Policy. Whilst this property is a new build property, it has been previously let.
All properties are maintained and inspected once a tenant has moved out in order to keep the property to a high standard. Deposit Free Option - this is offered via Reposit, a deposit alternative.
Residents opting for Reposit will pay a non-refundable service fee instead of a traditional deposit.
This fee is not a deposit, and residents remain fully liable at the end of the tenancy as per usual. Eligibility criteria, terms and conditions apply. For more information, please visit
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 1, Rolling Mills Drive, Wolverhampton
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