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See how verdicts work2-bedroom flat · WS7 2EU
Sold STCListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain free Chariot Estates are pleased to bring to the market this spacious and well presented two bedroom ground floor flat, briefly comprising of an entrance hallway, lounge, kitchen with range oven, two good sized bedrooms, wet room, rear garden and a garage which is located in a separate block down in the cul-de-sac.
Offered chain free Chariot Estates are pleased to market this well presented two double bedroom ground floor flat, briefly comprising of an entrance hallway, fitted kitchen, lounge, two bedrooms, bathroom, rear garden and a garage.
Situated just off Redwood Drive, Burntwood the property is within easy reach to the facilities offered at Burntwood Town Shopping Centre as well as useful road links to the A5, M6 Toll Road, and the A38.
Hallway: - Having a storage heater and doors into all of the rooms.
Fitted Kitchen: - 3.43m x 2.67m - Having a range of wall mounted and base units, roll top preparation surfaces, inset stainless steel 1 ½ bowl sink and drainer having mixer taps over, integral dishwasher, range oven with stainless steel splashback and chimney extractor fan and a double glazed window to the rear.
Lounge: - 3.78m x 3.48m - Having a feature fireplace with tiled hearth, inset gas fire fitted, dado rail, coving to the ceiling and a double glazed window to fore.
Bedroom One: - 3.48m x 2.97m - Having a double glazed window to fore. Bedroom Two: - 3.05m x 2.41m - Having a double glazed window to the rear.
Wet Room: - Having a shower area, pedestal wash hand basin, low level flush W.C, storage cupboard and a double glazed window to the rear.
Garden: - Having lawn with planted border, gravelled area, paved patio and gated access to the side enclosed by a fenced perimeter.
Garage: - Being in a separate block to the end of the street being the second one in from the end having a metal up and over door.
Viewing: - Strictly via Chariot Estates on Tenure: - Leasehold, SIMARC PROPERTY MANAGEMENT LTD Lease Remaining 110Years - Due to legislation we require to carry out anti money laundering checks on all potential buyers and giftors at a non refundable fee of £48 inc VAT Ground Rent Approx £231.45 Every Six Months - E-Mail: - Website: -
Value & comps
No previous sales on record.
Returns
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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.
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About Deal Avenue, Burntwood
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