Property Sourcing In Wolverhampton
Are you looking for a great deal in Wolverhampton? We’ve got you covered!
Property Sourcing In Wolverhampton
Are you looking for a great property deal in the Wolverhampton area? We’ve got you covered.
Is Wolverhampton a good investment?
Wolverhampton has a quickly growing economy and a strong demand for rental property with relatively low-cost property compared to the rest of the country. There are several reasons to invest in the city, from strong rental demand, competitive property prices and a steadily growing economy.
Wolverhampton is among the UK’s top 10 cities by population, offering a substantial market for property investors. The city’s economy is diverse, with significant contributions from manufacturing, technology, and engineering sectors. This economic diversity supports a stable employment landscape, improving the city’s appeal to both residents and investors.
The city boasts excellent transport connectivity, including its closeness to major motorways such as the M5, M6, M6 Toll and M54. Direct rail services to London and Manchester, along with tram links to Birmingham, make Wolverhampton an attractive location for commuters, further bolstering its housing market.
Wolverhampton investment opportunities
Being a large city in its own right, and having several options in terms of being a commuter, there are a lot of different types of opportunities for investors. Here is an insight into some of the opportunities we offer in the area:
- BMV Property
- Commercial Property
- HMO’s
- Houses to Flip
- High Yield Buy To Lets
- Student Property
What yields can you expect in Wolverhampton?
As of September 2024, the average house price in Wolverhampton was £214,000, reflecting a 6.0% increase from £202,000 in September 2023. Rental prices have also seen an uptick, with the average monthly private rent reaching £815 in October 2024, an 11.3% rise from £732 in October 2023. These figures suggest a gross rental yield of approximately 4.6%.
The Wolverhampton property market has experienced varying conditions over recent years. In July 2024, the market was characterised as a sellers’ market, with 47% of properties marked as “Sold Subject to Contract” or “Under Offer.” Wolverhampton’s combination of affordable property prices, rising rental rates, and strong economic fundamentals makes it a promising location for property investment in 2024/25.
Wolverhampton house price
Wolverhampton has seen a year-on-year house price increase of 6%, reflecting its strong growth trajectory and appeal as a property hotspot. This is slightly down from the 7% growth noted in the previous year but still places Wolverhampton among the UK’s more promising property markets.
According to the Office for National Statistics (ONS), the average house price in Wolverhampton as of September 2024 was £214,000, up from £202,000 in September 2023.This growth in sold prices is a testament to the city’s rising demand, buoyed by its expanding economy, affordable property options compared to nearby cities, and strong rental demand.
Wolverhampton’s house price increases, alongside its competitive property costs, highlight its potential for both long-term capital growth and stable rental yields.
Areas to invest in & around Wolverhampton
There are lots of opportunities to invest not only in Wolverhampton but a lot of the surrounding areas, thanks to having such great transport links. We’ve listed below some of the most common areas that appeal to investors in and around the city:
- Penn Fields
- Portobello
- Priestfield
- Scotland’s
- Springfield
- Spring Hill
- Spring Vale
- Stockwell End
- Stow Heath
- Stow Lawn
- Tettenhall
- Tettenhall Wood
- Trysull
- Wednesfield
- Whitmore Reans
- Woodcross
- Wood End
- Wood Hayes
- Lower Hill
- The Lunt
- Merridale
- Merry Hill
- Monmore Green
- Neachell
- Newbolds
- Newbridge
- New Cross
- Northycote
- Oakfield
- Old Fallings
- Oxley
- Palmer’s Cross
- Park Dale
- Parkfields
- Park Village
- Pendeford
- Penn
- Ashmore Park
- Ashton-upon-Wolves
- Blakenhall
- Bradmore
- Bushbury
- Castlecroft
- Compton
- Deepfields
- Dunstall Hill
- Ettingshall
- Fallings Park
- Fordhouses
- Goldthorn Park
- Green Lanes
- Hall Green
- Heath Town
- Lanesfield
- Lower Bradley
Invest in Wolverhampton
Discounted property with high yields
Transparent & honest throughout the process
We’re property experts with years of experience
Investment opportunities tailored to your requirements
We’re here to make you money. The best way to do that when investing in property is to start you off on the right foot with below market value property.
We can supply you with fantastic deals, which is due to us being part of a group of companies that includes a cash property buyer meaning we get new discounted properties every month. In return for a quick sale to investors, not having to go on the open market, we can pass on a significant portion of this discount to ourselves.
But why do we care about you making money? We want to set you up with a property that makes you money because when you inevitably come to increase your property portfolio, we want to be the first company that you come to!
FREQUENTLY ASKED QUESTIONS
Have we missed something?
We’re just a call away, and always happy to have a chat. That being said, we’ve collated some of our commonly asked questions and answered them for you below:
BMV stands for Below Market Value. It refers to properties that are offered at a price below their true market value. We use this term to describe opportunities to secure discounted properties in Worcester, allowing you to maximise your investment returns.
We regularly get properties in the city of all shapes and sizes including flats, commercial units and houses.
Simply fill out our contact form, we’ll get in touch with you and find out what your requirements are. Once you’ve done that, we’ll be in touch with you if we find a property that meets your specific criteria.
Most people invest in property to get consistent returns from letting the property out. You will then likely see returns when you come to sell the property years after, as generally speaking most areas increase in value over time.
Others seek investment opportunities to renovate and flip the property for a quick profit.
FREQUENTLY ASKED QUESTIONS
Have we missed something?
Below we’ve collated some of the most commonly asked questions about property investment in the Manchester area and answered them, that being said, if you still have questions, feel free to get in contact and we’ll do our best to assist.
BMV stands for Below Market Value. It refers to properties that are offered at a price below their true market value. We use this term to describe opportunities to secure discounted properties in Worcester, allowing you to maximise your investment returns.
We regularly source a wide variety of properties across Worcester, including residential houses, flats, commercial units, and HMOs. Whether you’re looking for a family home to rent out, a commercial space, or a property to renovate and flip, we can help you find options that match your investment goals.
To access our exclusive property deals in Worcester, simply fill out our contact form. Once we understand your specific requirements, our team will reach out to you whenever a property meeting your criteria becomes available. This ensures you get first access to the best opportunities in the area.
Investing in property offers multiple benefits. Many investors look to generate consistent income through renting out their properties, particularly in a growing city like Worcester with high rental demand.
Over time, you’re likely to see capital appreciation as property values generally increase. For others, the goal may be to purchase, renovate, and quickly sell properties for a profit, taking advantage of Worcester’s rising house prices and growing market demand.
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, has been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, has been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.
