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See how verdicts work1-bedroom flat · WS4 1JZ
Listing removedListed 374 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale - Well-Presented First-Floor Flat (No Chain) Springers are delighted to offer for sale this well-presented first-floor flat, ideal for first-time buyers or investors.
The property benefits from double glazed windows and a new gas central heated boiler, and is situated in a friendly and well-maintained block.
In brief, the accommodation comprises: Communal entrance hall and landing Entrance hall with walk-in storage cupboard Spacious lounge for those cosy nights in with feature fireplace Modern white gloss kitchen with integrated oven and hob One double bedroom with fitted wardrobes overlooking the rear gardens Shower room recently refurbished Communal Hall & Landing Having a front door with an Intercom, a rear door, and stairs to the first-floor landing Hall Having a front entrance door with a spy hole, carpet floor, storage cupboard, and ceiling hatch to the roof space.
With shelving, an intercom telephone point, and a radiator. Lounge (4.1m x 3.61m) (13'6" x 11'10) Having 2 sealed unit double glazed windows, laminate floor, cable TV/Internet socket, and radiator.
Kitchen Fitted with a range of matching base, drawer, and wall-mounted units, black work surface with uplift, incorporating a 1 1/2 bowl sink top & drainer, 4 ring gas hob with cooker hood above, breakfast bar, laminate flooring and UPVC window.
Bedroom (4.11m x 2m) (13'6" x 6'7") Fitted wardrobes, storage cupboard space, radiator, carpet flooring, and UPVC window overlooking the rear garden..
Bathroom Fitted with a white suite incorporating a large shower cubicle with electric shower, hand basin with cupboard beneath, toilet, ceramic wall tiling, laminate floor, heated towel rail and a UPVC window.
Outside To the rear of the property are communal gardens, bins, and a shed area. At the front, there is a secure entrance and a grassed area.
Annual Service Charge £675.49, which includes Ground Rent of £50.81.
Council Tax Band: A (Council Tax) Tenure: Leasehold (104 years) Ground Rent: £50.81 per year Service Charge: £677 per year Access
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
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FAQ
About Friary Crescent, Walsall
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