2-bedroom flat · WV11 3NJ
Listing removedReduced £5k (−5.3%) on 28 AugListed 339 days
Opportunity summary
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About
*no upward chain and vacant possession possible!* *currently achieving £775.00PCM* Belvoir Wolverhampton are delighted to present this spacious and well-maintained two-bedroom ground-floor apartment, ideally located along Stubby Lane in the highly sought-after Wednesfield area of Wolverhampton.
Enjoying a secure and convenient position within the development, the property is accessed via a secure intercom entry system, providing peace of mind and privacy.
Internally, the accommodation comprises an entrance porch leading into a welcoming hallway, which flows through to a generous living and dining area — a bright and comfortable space perfect for both relaxation and entertaining.
The fitted kitchen offers ample storage and workspace, while a rear hallway provides access to the remainder of the accommodation, including a family bathroom, separate WC, and two good-sized bedrooms.
In addition, there are two storage cupboards — one within the flat itself and a further external cupboard located just outside the property — providing excellent practical space.
Externally, residents benefit from well-tended communal gardens, which enjoy a pleasant, non-overlooked aspect, creating a peaceful outdoor environment to enjoy throughout the year.
The location is a true highlight — situated close to an excellent range of local amenities, schools, and transport links, and within walking distance of New Cross Hospital, making this property an ideal option for professionals working nearby or anyone seeking convenient access to the area.
The property is being offered to the market with no upward chain and vacant possession available upon completion.
It currently has a reliable tenant in situ paying £775 per calendar month, providing a ready-made investment opportunity for landlords, while also representing a perfect low-maintenance purchase for first-time buyers.
Early viewing is highly recommended to fully appreciate the space, location, and flexibility this fantastic apartment has to offer!
Lease years remaining - 84 years Ground rent - £10.00 per annum Service charge - £376.39 per annum EPC rating: D. Communal Hallway Accessed via a secure intercom system.
Entrance Hallway With access to kitchen and living room. Living Room/Diner (5.2m x 3.19m (17'1" x 10'6")) A huge reception space with a double glazed window to front and electric heater.
Kitchen (3.01m x 2.88m (9'11" x 9'5")) With a range of base storage units, roll top work surfaces, space for a washer/dryer, an integrated fridge/freezer, a one and a half sink bowl and drainer, part tiled walls to splashback, a double oven with electric hob points and extractor over with a double glazed window to rear.
Secondary Hallway Providing access to the two bedrooms, WC, bathroom, storage cupboard and living room/diner.
Bedroom One (3.99m x 3.21m (13'1" x 10'6")) A large master bedroom space with a double glazed window and electric heater.
Bedroom Two (2.88m x 2.31m (9'5" x 7'7")) Another large double bedroom space with a double glazed window to rear and electric heater.
Downstairs WC With a low level flush WC and a double glazed obscured glass window to rear.
Bathroom (1.72m x 1.51m (5'8" x 4'11")) With a bath/shower cubicle with electric power shower over, a hand sink basin and a double glazed obscured glass window to rear.
Id Checks Once an offer is accepted on a property marketed by Belvoir Estate Agents we are required to complete id verification checks on all buyers and to apply ongoing monitoring until the transaction ends.
Whilst this is the responsibility of Belvoir Estate Agents we may use the services of MoveButler/Kotini, to verify Clients' identity.
This is not a credit check and therefore will have no effect on your credit history. You agree for us to complete these checks, and the cost of these checks is £36.00 inc. VAT per buyer.
This is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
Agent Note Belvoir has not seen proof of the payable service charges and ground rents and have obtained the disclosed information from the owner directly.
We recommend the purchaser to obtain confirmation of these payments through their chosen property solicitor.
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.
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FAQ
About 82a, Stubby Lane, Wolverhampton
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