2-bedroom flat · WS2 7AE
To rentReduced £20 (−2.2%) on 23 OctListed 47 days · slow let
Opportunity summary
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About
A well-presented two-bedroom apartment on the third floor situated in a canal side development.
The property offers comfortable and modern accommodation, making it an ideal home for a professional couple, small family or working professionals.
The apartment benefits from a bright open plan lounge/kitchen, two bedrooms and a modern bathroom with ensuite in the master bedroom.
Located in a convenient residential area with good access to local amenities, shops, schools and transport links, providing easy access to Walsall town centre and surrounding areas.
Two bedrooms Spacious living area Fitted kitchen Modern bathroom En-suite Well-maintained residential development Convenient location Excellent transport links Allocated parking Suitable for professionals, couples or a small family EPC rating C General Description - A modern two bedroom third floor apartment in a canal side development.
The accommodation comprises of an entrance hall, living room with Juliet balcony, kitchen, bathroom and two bedrooms, the master with with en suite shower room.
The property also benefits from electric heating, double glazing and allocated parking space. Energy rating C.
Entrance Hall - Fitted carpet, built in cloaks cupboard, entry phone, panelled doors to Living Room - 16'7" x 10'4" - Spacious bright room with UPVC double glazed french doors to a Juliet balcony, side aspect UPVC double glazed window, fitted carpet, through way to Kitchen - 10'4" x 6'3" - Stainless steel single drainer sink unit, mixer tap, cupboard under, work top surfaces with cupboards and drawers under, eye level units, integrated oven, fitted four ring hob with stainless steel extractor hood over, plumbing for washing machine, space for fridge freezer, built in cupboard housing hot water cylinder, vinyl floor covering.
Bedroom One - 11'7" x 8'5" - Dual aspect UPVC double glazed windows, fitted carpet, panelled door to En Suite Shower Room - Tiled shower cubicle, low level WC, pedestal wash hand basin, shaver point, ladder towel radiator, vinyl floor covering.
Bedroom Two - 8'6" x 7'2" - UPVC double glazed window, fitted carpet.
Bathroom - Panelled bath with mixer tap, pedestal wash hand basin, low level WC, splash back tiling, towel radiator, vinyl floor covering. Outside - Allocated parking space.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Water Reed Grove, Walsall
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