2-bedroom bungalow · WV3 8HB
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
5 Hazelmere Drive is a delightful two bedroom detached bungalow offering well-proportioned accommodation situated in a sought after and private cul-de-sac within convenient travelling distance of the local facilities afforded by Castlecroft and surrounding areas.
Location - Hazelmere Drive is a quiet cul-de-sac standing within easy reach of the wide ranging local facilities provided by Castlecroft, the Compton Shopping Centre, Tettenhall Wood and Tettenhall Village and there is easy access to the further, more extensive amenities provided by the Perton Shopping and Wolverhampton City Centre itself.
Description - A well-presented two bedroom detached bungalow in a quiet cul-de-sac location.
The property benefits from low maintenance front and rear gardens, double glazing, gas central heating, a drive and a garage.
There are two bedrooms, a shower room Accommodation - A double glazed door opens into the HALL with a storage cupboard.
The LOUNGE/DINING ROOM is a generous size with a feature fireplace, double glazed side window and French doors opening into the large CONSERVATORY with tiled flooring, double glazed windows and French doors to the rear, a door to the garage and a door to the KITCHEN which comprises wall and base units with fitted work tops, integrated appliances including an oven, gas hob, under counter fridge and freezer, a stainless steel sink.
There is tiled flooring and a double glazed internal window to the conservatory. BEDROOM ONE is a double room in size with a range of fitted bedroom furniture and a double glazed front window.
BEDROOM TWO is also a double room with fitted wardrobes and a double glazed front window.
The SHOWER ROOM comprises a shower cubicle, wash basin, WC, fitted cupboard and drawers, tiled walls and floor, a heated towel radiator and a double glazed window to the side elevation.
Outside - To the front of the property there is a gravelled bed with a range of shrubbery and a DRIVEWAY to the side providing off street parking along with a GARAGE with ample storage space.
The REAR GARDEN is hard landscaped with hedged borders, a range of shrubbery and a useful garden shed.
We are informed by the Vendors that all mains services are connected COUNCIL TAX BAND D – Wolverhampton POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the Tettenhall Office. The property is FREEHOLD.
Broadband – Ofcom checker shows Standard, Superfast and Ultrafast are available Mobile data coverage is constantly changing, please use the property postcode and this link for the most up to date information from Ofcom: Ofcom provides an overview of what is available, potential purchasers should contact their preferred supplier to check availability and speeds.
The long term flood defences website shows very low risk.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 5 Hazelmere Drive, Castlecroft, Wolverhampton, WV3 8HB
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