Modern Method of Auction
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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 bungalow · WS9 8QX
For saleReduced £25k (−7.1%) on 10 OctListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**exceptional scope for improvement**guide of £350,000**modern method of auction sale**T &c's apply**three bedroom detached bungalow**nestled within A cul de sac location**substantial rear and side gardens** Nestled within a quiet and sought after cul de sac location, just a short walk from Aldridge Village, this three bedroom bungalow represents a rare and exciting opportunity for buyers looking for a property with genuine scope for improvement, modernisation and potential extension, subject to obtaining the necessary planning permissions and consents.
Offered for sale by Modern Method of Auction, this is a property that offers enormous potential for someone looking to create their ideal home in an enviable location.
The property is approached via a side entrance door, which opens into a hallway providing access to the principal accommodation.
There are three bedrooms, with two of the bedrooms enjoying a pleasant front facing aspect.
To the rear of the property is a spacious living room and dining area, providing a generous central living space with excellent potential to reconfigure or enhance to suit modern requirements.
The accommodation is further complemented by a conservatory, offering an additional reception area with views towards the substantial rear garden.
The existing kitchen provides the essential facilities and, like much of the property, offers considerable scope for refurbishment and updating to create a modern and contemporary kitchen space.
A particularly useful feature is the garage, which incorporates a WC and provides valuable storage, parking or potential additional use space, subject to any required permissions.
The garage also adds further versatility to the property and could be of particular interest to buyers considering future improvements. Outside, the property truly comes into its own.
To the rear is a superb sized garden which wraps around the side of the property, offering an unusually generous amount of outdoor space.
Entrance Hallway Living Room (4.80m x 3.06m (15'8" x 10'0" )) Dining Area (3.71m/3.06m x 2.45m (12'2"/10'0" x 8'0" )) Kitchen (3.58m x 2.16m (11'8" x 7'1" )) Conservatory (3.94m x 3.74m (12'11" x 12'3" )) Master Bedroom (3.76m x 318m (12'4" x 1043'3" )) Bedroom Two (3.49m x 2.71m (11'5" x 8'10")) Bedroom Three (2.42m x 2.06m (7'11" x 6'9" )) Shower Room Garage With W/C (7.80m x 2.76m (25'7" x 9'0" )) Auctioneers Comments- A 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. The winning bidder will pay £300.00 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 4.50% 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.
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
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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.
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FAQ
About 3, Noddy Park, Walsall
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