Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · WS11 6DU
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous corner plot, this spacious three-bedroom semi-detached family home offers well-balanced accommodation throughout and is ideally suited to growing families.
Boasting a bright and welcoming lounge, a well-appointed kitchen, useful utility room and three good-sized bedrooms, the property provides excellent living space both inside and out.
The accommodation briefly comprises an entrance hall, cloakroom, spacious lounge, fitted kitchen and utility room to the ground floor.
To the first floor are two double bedrooms, a further single bedroom and a family bathroom.
Externally, the property benefits from a driveway providing off-road parking, together with front and rear gardens offering lawned and seating areas.
Occupying a substantial plot in a desirable position, this property presents an excellent opportunity for families seeking a comfortable home with potential to personalise and enjoy for years to come.
Viewing is highly recommended to fully appreciate the size of the accommodation and plot on offer Auctioneer Comments: 'This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided up front. Only the winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Agents Note: Please note that an aml fee is chargeable once an offer is accepted.
The aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead Lounge A spacious living room featuring two large windows which flood the room with natural light.
The room offers plenty of space for family seating and entertaining, with views towards the front and rear aspects Kitchen A well-sized kitchen offering excellent worktop and storage space, with a large window overlooking the rear garden.
Perfect for family cooking and everyday dining Utility Room A useful utility room with additional worktop space, housing for appliances and a side door providing direct access to the garden Bedroom Three A good-sized single bedroom located to the front of the property, ideal as a child's room, nursery or home office Bedroom Two A spacious double bedroom positioned to the rear of the home overlooking the garden Bedroom One A generous double bedroom situated at the front of the property, benefitting from a built-in storage cupboard Family Bathroom A well-proportioned family bathroom fitted with a bath, WC and wash hand basin, located to the rear of the property.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 2, Smillie Place, Staffordshire
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