1-bedroom flat · WV6 0TZ
Listing removedListed 631 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom ground floor maisonette is located upon the Farndale Estate, Whitmore Reans on the outskirt of the City of Wolverhampton.
Perfect for first-time buyers, investors or those looking to perhaps downsize if stairs are becoming a struggle, Flaxton Walk boasts a good lease of 103 years for your peace of mind and outside space with both shared front and rear gardens.
Upon a shared neighbouring pathway approach to the property, you are greeted by your own front entrance door and an entrance lobby with a door leading into a living room overlooking the front aspect that provides a comfortable setting for relaxation and entertainment whilst the maisonette comprises of a generously sized rear bedroom, a rear kitchen offering a functional space for cooking and a good selection of wall mounted cupboards, base and drawer units.
Furthermore a bathroom adds to the convenience and comfort. Step outside to discover a shared garden area to the rear, perfect for enjoying the fresh air and a communal lawned fore garden.
Don't miss the opportunity to make this your own. Contact DB Roberts Wolverhampton branch today to arrange a viewing!
Just a short distance from Wolverhampton City centre, this property offers easy access to local amenities, good schools and transport links nearby.
Agent Notes: Ground Rent is £10 per annum Service Charge is £300 per annum Lease Start Date - 26th May 2003 Lease Term - 125 years from 26 May 2003 Mobile coverage from all four major networks available* Full Fibre Broadband available* Water, Drainage and Electric are connected Heating is via an Electric Storage/Panel Heater *Results provided by Ofcom and correct at time of listing Anti-Money Laundering (aml) Checks We are required by law to conduct anti-money laundering checks on all those buying a property.
DB Roberts retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly. The initial checks are performed using Movebutler.
The cost of these checks is £20 Plus VAT (£24) for the first buyer and £10 Plus VAT (£12) for every additional buyer.
This fee covers the cost of obtaining relevant data and any manual checks or monitoring which might be required.
This fee will need to be paid by you in advance, ahead of us issuing a memorandum of sale and is non-refundable.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1, Flaxton Walk, Wolverhampton
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