1-bedroom flat · WV6 7XB
For saleListed 353 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO UPWARD CHAIN IS OFFERED ON THIS FIRST FLOOR STUDIO FLAT OCCUPYING A POPULAR LOCATION IN PERTON AND HAVING 86 YEARS REMAINING ON THE LEASE.
THIS PROPERTY WOULD SUIT A VARIETY OF BUYERS INCLUDING INVESTORS OR FIRST TIME BUYERS.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
PER250357/2 Description NO UPWARD CHAIN IS OFFERED ON THIS FIRST FLOOR STUDIO FLAT OCCUPYING A POPULAR LOCATION IN PERTON AND HAVING 86 YEARS REMAINING ON THE LEASE.
THIS PROPERTY WOULD SUIT A VARIETY OF BUYERS INCLUDING INVESTORS OR FIRST TIME BUYERS. The accommodation briefly comprises: COMMUNAL ENTRANCE WITH AN INTERCOM SYSTEM.
THE FLAT ENTRANCE HALL with loft access. LOUNGE/DINER with a double glazed window.
MODERN FITTED KITCHEN well appointed with a range of units, built in oven, hob, extractor fan, space for other appliances.
BEDROOM with a built in wardrobe, double glazed window and then there is a SHOWER ROOM W/C with a modern white three piece suite. OUTSIDE: This flat benefits from OFF ROAD PARKING.
EPC GRADE C Location The property is situated on the popular Perton development and has access to local shops and amenities within Perton.
The property also has access to Wolverhampton town centre which is approx 5 miles away. The M6 and M54 motorways are within commuting distance.
Communal Entrance Intercom system Entrance Hall Entrance Door Lounge/Diner 3.1m x 3.66m Double glazed bay window Kitchen 2.95m x 1.57m Fitted kitchen with space for appliances, double glazed window.
Bedroom 2.06m x 1.57m Double glazed window, built in wardrobe. Shower Room/WC 1.6m x 1.37m Three piece white suite with shower Outside Allocated Parking Off road parking.
Tenure Leasehold Local Authority/Council Tax Band South Staffordshire Council/Band A
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 Canterbury Drive, Perton, Wolverhampton, WV6
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