2-bedroom flat · DY3 4LX
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a peaceful rural setting with delightful countryside views close by, this well-maintained first-floor apartment offers spacious and low-maintenance accommodation, exclusively for the over 55s.
The development provides a secure and welcoming environment, with residents benefiting from an intercom entry system and keypad/fob-controlled communal access.
Accessed via a communal entrance with lift and staircase serving all floors, the apartment opens into a welcoming hallway with two useful built-in storage cupboards and access to all principal rooms.
The generous living room is filled with natural light from a feature bay window and enjoys double doors leading through to the dining kitchen.
Well-equipped with a range of wall and base units, the kitchen also benefits from two large windows overlooking the beautifully maintained communal gardens, providing an attractive and peaceful outlook.
The principal bedroom is a spacious double, featuring two windows, fitted wardrobes and the added benefit of a private en-suite shower room comprising a shower cubicle, WC and wash hand basin.
The second bedroom is also a good-sized double with fitted storage, while the main bathroom is fitted with a bath, WC and wash hand basin.
Outside, the apartment enjoys two allocated parking spaces, well-kept communal gardens for residents to enjoy and a communal bin store.
Additional Information: Leasehold with a Share of Freehold 999-year lease from 2002 Service Charge: Approximately £1,651 every six months Ground Rent: Peppercorn Council Tax Band: C EPC Rating: C Disclaimer In line with UK anti-money laundering regulations, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity(IamProperty/Move Butler). The cost of these checks is £40 (including VAT) for each purchaser and any giftors contributing funds.
This fee is paid in advance when an offer is agreed, and prior to the issuance of a sales memorandum. Please note that this charge is non-refundable.
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.
Area
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FAQ
About Churns Hill Lane, Himley, DY3
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