1-bedroom house · WS9 8QB
Sold STCReduced £5.5k (−6.8%) on 25 MayListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in a popular retirement complex (age restrictions apply - call for details), having easy access to the centre of Aldridge with its excellent amenities and offered for sale with no onward chain, this 1st floor retirement apartment boasts light and airy accommodation comprising, in brief, generous lounge area with kitchen off, double bedroom with built in wardrobe and shower room.
Externally, there are neatly maintained grounds and a communal car park. Internal viewing advised - call now to book!
BUYERS: From December 1st 2025 - Identity Verification Fee - We are required by law to conduct anti-money laundering checks on all those buying a property as part of our due diligence.
As agents acting on behalf of the seller, we are required to verify the identity of all purchasers once an offer has been accepted, subject to contract.
The initial checks are carried out on our behalf by Lifetime Legal .
A non-refundable administration fee of £40 + VAT (£48 including VAT) applies which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable.
Hall Lounge 4.70m (15'5") plus bay x 3.23m (10'7") Kitchen 2.24m (7'4") x 1.66m (5'5") Bedroom 3.72m (12'2") to wardrobe front x 2.65m (8'8") Shower Room 2.04m (6'8") x 1.65m (5'5")
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 Homebell House, Northgate, Aldridge, WS9 8QB
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