Studio flat · WV6 0LH
No longer listedReduced £25 (−4.3%) on 17 SepListed 68 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*First floor studio available straight away. *Fitted kitchen with electric cooker, hob and fridge. *Spacious lounge/bedroom with all furniture provided. *White bathroom suite with electric shower.
*Communal washer and dryer on site. *Quiet location with off road parking available to the front and rear.
*Located in a sought after area, close to Tettenhall and next door to Wolverhampton Lawn Tennis & Squash club. *Gas central heating included in the monthly rent during the winter months.
*Single Occupancy Only ! Rent Me Now is a trading name of Ellahi Property Lettings Limited, Company Registration Number 07648973.
Rent Me Now trading as Ellahi Property Lettings Limited is part of the Safeagent Client Money Protection Scheme, Accreditation Number A8203.
Rent Me Now trading as Ellahi Property Lettings Limited is a member of the Property Redress Scheme, Membership Number PRS001390.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 5, 61 Newbridge Crescent, Wolverhampton
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