2-bedroom flat · WS11 0EG
Sold STCListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** over 60's complex ** first floor flat with stair lift ** very well presented ** spacious lounge diner ** refitted kitchen and bathroom ** driveway ** town centre location ** two double bedrooms ** viewing strongly advised ** Webbs Estate Agents are pleased to offer for sale well presented and spacious first floor flat with the added bonus of having a stair lift fitted as this is an over 60's complex offering independent retirement living and easy access to local shops and amenities.
In brief consisting of an entrance with stairs (having a stair lift fitted) leading to the living accommodation, a modern refitted kitchen and bathroom, two spacious double bedrooms and a well presented, generous lounge diner.
Externally the property has a driveway providing off road parking and a small communal garden at the rear, early viewing advised.
Entrance With Stairs To First Floor Landing Modern Refitted Kitchen Spacious Lounge Diner (5.16 x 3.51 (16'11" x 11'6")) Bedroom One (4.42 x 2.97 (14'6" x 9'8")) Bedroom Two (3.40 x 2.97 (11'1" x 9'8")) Refitted Bathroom Driveway To The Front Comunal Garden At The Rear Identification Checks - C Should a purchaser(s) have an offer accepted on a property marketed by Webbs Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £46.00 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
Value & comps
No previous sales on record.
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 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 1, Remington Drive, Cannock
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