Supporters will be able to line the route as the buses travel down Lichfield Street, through Queen Square, down Darlington Street, turning into Waterloo Road, across the Ring Road, turning into Newhampton Road East, Lansdowne Road and along Park Road East.
Nuno and the team will then head to West Park where up to 30,000 fans can greet their heroes, with the head coach and players set to address the crowd and show off the Championship trophy.
The celebrations will continue through the afternoon with music and a fun fair.
Fans who want to go to West Park will have to arrive by 11.30am before the bus sets off, so supporters are advised they have to choose to either attend the street parade or the West Park party, which will be shown on a large screen in Queen Square for those who don't attend.
Tickets for the West Park event are free and limited to four per person. Ticket details will be released via Wolves and the council on Monday.