Crawford Road, Merridale, Wolverhampton
CO

Crawford Road, Merridale, Wolverhampton

By Connells

£ 200,000

Reviews

2 out of 5 stars

Connells says ..

"TWO SELF CONTAINED FLATS WITH OWN ENTRANCE FULLY TENANTED AND PROVIDING A YIELD OF APPROXIMATELY 8.9% PER ANNUM GROSS THIS PROPERTY WOULD BE SUITABLE FOR INVESTORS ONLY" Comprising of two self contained flats, both comprising of lounge, bedroom, kitchen, bathroom.

Property Oracle says ..

This property in Wolverhampton, West Midlands, is listed as two self-contained flats for £200,000. The location is reasonably convenient, offering proximity to good primary schools and Wolverhampton city centre. Public transportation access is available. The exterior condition seems adequate, although minor maintenance may be required, and the exterior images suggest the building could benefit from some cosmetic improvements. The small outside space is more akin to a car park than a garden. Comparable properties in the area are also listed as multi-unit buildings with similar list prices, suggesting the £200,000 price point is within the range of similar properties; however, the lack of precise square footage for this property and comparable properties makes accurate comparison and value assessment challenging. Potential buyers should conduct a thorough property survey to ascertain the exact condition and any potential future maintenance needs, prior to commitment. Further investigation is needed to determine the precise size of each flat, and overall profitability if planning to rent out the property as investment. The absence of key data points such as square footage, detailed interior photos, and a full property description limits a fully comprehensive assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
3
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Wolverhampton Grammar SchoolOther Independent School0.32 KM
Merridale Primary SchoolCommunity SchoolGood0.47 KM
Nishkam Primary School WolverhamptonFree SchoolsGood0.87 KM
Bantock Primary SchoolCommunity SchoolGood0.94 KM
The Bingley Children'S CentreChildren's Centre0.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ash Street £ 000.00 KM
Merridale Court £ 000.00 KM
Merridale Court £ 140,00000.00 KM
Summerfield Road £ 000.00 KM
Sweetman Place £ 165,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wolverhampton1218WVH3.00 KM
Bilbrook4618BBK6.14 KM
Codsall4616CSL7.71 KM
Coseley1143CSY8.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
Crawford Road, Merridale, Wolverhampton £ 190,000BUY6 / 100.00 KM
Crawford Road, Merridale, Wolverhampton £ 230,000BUY6 / 100.00 KM
Crawford Road, Merridale, Wolverhampton £ 200,000BUY5 / 100.00 KM
Crawford Road, Wolverhampton, West Midlands, WV3 £ 130,000BUY6 / 100.08 KM
Merridale Road, Merridale, Wolverhampton £ 400,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
20 Crawford Road £ 140,0000.01 KM
18 Crawford Road £ 162,5000.02 KM
14 Crawford Road £ 205,5000.02 KM
9 Crawford Road £ 125,0000.02 KM
8b Crawford Road £ 119,9500.02 KM