2-bedroom flat · WS2 7AE
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lets Move In estate agents are pleased to market this delightful apartment situated within a popular location and well sought after area of bloxwich, Walsall.
This property has an allocated parking space.
This property has been redecorated and repainted throughout with new carpets and vinyl Communal area Being very well maintained with post boxes and meter cupboards.
Entrance Hallway Spacious and light hallway with cream fitted carpets and neutral decor.
Leading round to the following rooms: Small cloak/storage room Decent sized storage cupboard for coats and accessories.
Living room Nicely sized and having the benefit of large patio style windows gives this room much light.
New fitted carpets and neutral decor with feature wall, lamps, coffee table, This room is open plan with kitchen: Kitchen Modern fitted kitchen and new flooring Master bedroom Double bedroom of good size with cream fitted carpets and neutral decor.
Having the benefit of a double bed and small tv.
This room has an en-suite ; Ensuite Spacious en-suite with modern walk in shower with glass doors, white basin and toilet, wall mirror and towel radiator shelving.
All neutral decor with vinyl flooring. Second bedroom Good sized single bedroom with neutral decor and cream fitted carpets. Having a wardrobe within.
Family bathroom Spacious family bathroom with splash back modern tiling, white bathroom suite, neutral decor, vinyl flooring, wall mirror, towel rail and accessories.
This is a delightful property with the last tenant occupying for several years. Allocated parking comes with this property.
Applications will need to be placed on this property swiftly to avoid disappointment.
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
Agent & docs
FAQ
About 188, Water Reed Grove, Walsall
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