2-bedroom flat · DY1 4SU
For saleReduced £10k (−4.8%) on 6 OctListed 91 days
Opportunity summary
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About
Summary **A most impressive spacious ground floor apartment at the sought after bourne hall, mallows grove development** The apartment benefits from an open plan living / dining and kitchen area, two double bedrooms with walk in wardrobe to master and allocated parking space.
Description Located opposite the Black Country Living Museum Bourne Hall is a stunning collection of apartments, set in an historically important refurbished Guest Hospital building in Dudley.
Originally designed by architect William Bourne, Bourne Hall served as the administration building and has now been carefully refurbished to feature contemporary designed apartments.
Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identify and anti-money laundering checks.
Entrance Hall Door to the side, double glazed window to the front, built-in storage cupboard, electric heater, converted loft space for storage.
Lounge / Dining Area 23' (max) x 17' 8" (into bay) ( 7.01m (max) x 5.38m (into bay) ) Double glazed bay window to the front, double glazed window to the side, electric heater.
Kitchen 9' 2" x 6' 5" ( 2.79m x 1.96m ) Fitted gloss kitchen to include a range of wall and base units with work surfaces over, integrated appliances to include electric oven & electric hob with cooker hood over, fridge freezer, washer / dryer machine, stainless steel sink & drainer unit.
Bedroom One 13' 9" x 9' 2" ( 4.19m x 2.79m ) Double glazed window to the rear, electric heater, built-in walk-in wardrobe ( formally used as en -suite, plumbing still there to be converted back ) Bedroom Two 12' 2" x 9' 2" ( 3.71m x 2.79m ) Double glazed window to the rear, electric heater.
Bathroom Suite to comprise bath with shower over, wash hand basin, low level w.c., extractor fan, tiling, electric heated chrome towel rail.
Outside To the front of the property shared communal entrance with secure intercom to ground floor accommodation. Allocated parking and visitor parking.
Lease Information We have been advised the following Leasehold Tenure Information & Costs : - 250 Years from 1st January 2018 .
Current Ground Rent Approximately £100.00 per annum Current Annual Service Charge of £1972.00 per annum Building Insurance Included Prospective Purchasers please note we have not had any of the Information or Charges verified by a Conveyancer / Solicitor and would advise all Prospective Purchasers to check and verify details and costs with their Conveyancer / Solicitor We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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
Agent & docs
FAQ
About 16, Bourne Hall, Mallows Grove, Dudley
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