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See how verdicts work1-bedroom flat · DY4 7AL
Listing removedListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic one bedroom first floor apartment – tenant in situ – ideal investment opportunity Whitegates are delighted to offer for sale this well-presented one bedroom first floor apartment, ideally situated within a popular modern development just off Horsley Heath, Tipton.
An excellent investment opportunity with a tenant already in situ, currently paying £725 pcm, providing an attractive opportunity for landlords looking to add a ready-to-let property to their portfolio.
The property is also likely to appeal to first-time buyers and downsizers, subject to the existing tenancy arrangements.
The apartment is accessed via a secure intercom entry system, with stairs leading to the first floor.
Internally, the accommodation comprises an open-plan lounge/kitchen area, a good-sized bedroom and a family bathroom.
Externally, the property benefits from allocated parking, while electric heating is installed throughout.
EPC C Property Information Council Tax Band: A EPC Rating: C Tenure: Leasehold Lease Remaining: Approximately 110 years Service Charge: £547.24 per half year Ground Rent: £75.00 per half year Current Rent: £725 pcm Tenancy: Tenant in situ Front Allocated Parking Space Entrance Hall Living Room/Kitchen 6.18 x 4.85 - 3 x windows to the front, Electric Heater and Kitchen units wall and floor with stainless steel sink, Mixer tap, Intergrated Hob/Oven and Extractor Fan along with ample White Good space.
Bedroom 3.10 x 2.49 - Window to the Front and radiator to the side. Bathroom Fully Tiled wall, Bath with Shower attachment, WC and Basin Towel Radiator EPC Location
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 10, Gough Drive, West Midlands
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