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
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Metrics Year-on-Year
- Average area value
- 339,299.00 £Increased by 1.34 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wolverhampton Grammar School | Other Independent School | 0.32 KM | |
| Merridale Primary School | Community School | Good | 0.47 KM |
| Nishkam Primary School Wolverhampton | Free Schools | Good | 0.87 KM |
| Bantock Primary School | Community School | Good | 0.94 KM |
| The Bingley Children'S Centre | Children's Centre | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ash Street | £ 0 | 0 | 0.00 KM |
| Merridale Court | £ 0 | 0 | 0.00 KM |
| Merridale Court | £ 140,000 | 0 | 0.00 KM |
| Summerfield Road | £ 0 | 0 | 0.00 KM |
| Sweetman Place | £ 165,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wolverhampton | 1218 | WVH | 3.00 KM |
| Bilbrook | 4618 | BBK | 6.14 KM |
| Codsall | 4616 | CSL | 7.71 KM |
| Coseley | 1143 | CSY | 8.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Crawford Road, Merridale, Wolverhampton | £ 190,000 | BUY | 6 / 10 | 0.00 KM |
| Crawford Road, Merridale, Wolverhampton | £ 230,000 | BUY | 6 / 10 | 0.00 KM |
| Crawford Road, Merridale, Wolverhampton | £ 200,000 | BUY | 5 / 10 | 0.00 KM |
| Crawford Road, Wolverhampton, West Midlands, WV3 | £ 130,000 | BUY | 6 / 10 | 0.08 KM |
| Merridale Road, Merridale, Wolverhampton | £ 400,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Crawford Road | £ 140,000 | 0.01 KM |
| 18 Crawford Road | £ 162,500 | 0.02 KM |
| 14 Crawford Road | £ 205,500 | 0.02 KM |
| 9 Crawford Road | £ 125,000 | 0.02 KM |
| 8b Crawford Road | £ 119,950 | 0.02 KM |