1-bedroom flat · WV3 9AW
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom flat situated in an established residential area benefiting from no upward chain.
Location - There are a wide range of local facilities available within both Finchfield and Castlecroft whilst the further, more comprehensive amenities of Wolverhampton City centre are within easy reach.
The area is well served by schooling in both sectors with regular bus services providing excellent public transport links.
Description - 66a White Oak Drive comprises a kitchen, lounge, double bedroom and bathroom.
There is a garden to the rear and the property has the added benefit of double glazing and gas central heating.
Accommodation - A door opens into the HALL with steps up to the LANDING having a double glazed side window and two built In storage cupboards, one housing a wall mounted gas boiler.
The LOUNGE is well proportioned with a double glazed window to the front elevation.
The KITCHEN has wall and base mounted units with fitted work tops, a stainless steel sink and drainer space for a fridge freezer, tiled flooring and a double glazed rear window.
The BEDROOM comprises a good size double room with a double glazed window to the front and a built in storage cupboard.
The BATHROOM has a panelled bath with a shower over, part tiled walls and a double glazed window.
Outside - A paved pathway leads to the front door, there is side access leading to a brick built garden store and the gravelled REAR GARDEN.
Lease Details - The property is held on a lease for a term of 125 years from the 17th of May 2004 (thus having approximately 103 years unexpired) There is a ground rent payable of £10 per annum and the annual service charge is £425 We are informed by the Vendors that all mains services are connected COUNCIL TAX BAND A – Wolverhampton POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the Tettenhall Office. The property is FREEHOLD.
Broadband – Ofcom checker shows Standard, Superfast and Ultrafast are available Mobile data coverage is constantly changing, please use the property postcode and this link for the most up to date information from Ofcom: Ofcom provides an overview of what is available, potential purchasers should contact their preferred supplier to check availability and speeds.
The long term flood defences website shows very low risk.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 66a White Oak Drive, Finchfield, Wolverhampton, WV3 9AW
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