2-bedroom flat · WV12 5BY
Sold STCListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom modern first floor apartment being sold with no chain situated in a convenient location, offering easy access to local amenities and excellent transport connections.
This property boasts electric heating and double glazing.
Upon entering the communal entrance you will find a welcoming hall leading to a spacious lounge with 'Juliet' balcony, the fitted kitchen comes complete with built-in hob, oven and extractor.
The master bedroom features an en-suite shower room for added convenience, while a separate bathroom caters to guests. Outside there are communal grounds and an allocated parking space.
Viewing is highly recommended.
Communal Entrance 0.01m x 0.01m - 0'0" x 0'0" Entrance Hall 0.01m x 0.01m - 0'0" x 0'0" Lounge: 4.26m x 3.63m - 13'12" x 11'11" Fitted Kitchen: 3.38m x 2.99m - 11'1" x 9'10" Bedroom One: 4.04m x 3.88m - 13'3" x 12'9" En-Suite Shower Room: 2.11m x 1.68m - 6'11" x 5'6" Bedroom Two: 3.05m x 2.97m - 10'0" x 9'9" Bathroom: 2.11m x 1.7m - 6'11" x 5'7" Agents Notes: 0.01m x 0.01m - 0'0" x 0'0" The lease was granted for a term of 155 years from 1st January 2006.
There is a ground rent payable of £518 per annum and a service charge payable of £1580 per annum
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About Squires Grove, New Invention, Willenhall
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