2-bedroom flat · WS9 9NT
For saleListed 66 days
Opportunity summary
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About
***buy to let opportunity*** A chance to buy a 2 bedroom flat with tenant in situ paying £795PM giving a 8.7% Yield A well-proportioned two-bedroom second-floor apartment at Priory Court, WS9 9NT, offered for sale with a tenant currently in situ and producing a rental income of £795 per calendar month.
The property represents an attractive opportunity for both experienced and first-time landlords, offering an immediate rental income of £9,540 per annum and an approximate 8.7% gross rental yield based on the asking price.
Why you'll like it ... The apartment provides well-arranged accommodation with the living space and bedrooms positioned off the main entrance hall.
The separate lounge provides a comfortable main living area with space for sofas, additional furniture and a dining area if required.
The separate layout makes this a practical home and avoids the open-plan arrangement found in many modern apartments.
The separate kitchen provides a dedicated cooking and preparation area, with space for the necessary appliances and storage.
Having a separate kitchen from the lounge is a particularly useful feature for tenants looking for clearly defined living accommodation.
There are two bedrooms, offering flexibility for a couple, small family, sharers or those requiring a home office/guest bedroom.
The principal bedroom provides a good-sized sleeping area, while the second bedroom offers useful additional accommodation.
The property also benefits from a shower room, providing the essential bathroom facilities. Where it is ...
Priory Court is situated on Lichfield Road in Walsall Wood, a popular residential area within the wider Walsall district.
The property benefits from a convenient position for access to a range of local shops, everyday amenities, schools and public transport links, making the area well suited to both owner-occupiers and tenants.
Walsall Wood offers a pleasant residential setting with a number of green spaces and recreational areas nearby, while the neighbouring areas of Aldridge, Brownhills and Walsall provide a wider selection of shopping, leisure and commercial facilities.
There are regular local bus services serving the surrounding area, providing connections towards the neighbouring towns and wider West Midlands area.
The location also provides access to the region's road network, making it a practical base for commuters.
For investors, the established residential setting and access to local amenities make the property an attractive proposition for the rental market, while the two-bedroom accommodation provides flexibility for a range of prospective tenants.
Priory Court therefore offers a combination of established residential surroundings, local amenities and accessibility, making this an appealing location for both landlords and owner-occupiers.
Material information...
Council Tax Band: A Tenure: Leasehold Parking Arrangements: One parking space Property Construction: Standard Brick Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating Supply: Gas Central Heating Broadband: Refer to Ofcom Mobile Signal Coverage: Refer to Ofcom Building Safety Issues: N/A Restrictions: None Known Rights And Easements: None Flood Risks Or Previous Flooding: None Past Or Present Planning Permissions Or Applications: Refer to the local council Is the property located in a Coalfield Or Mining Area: No agents note: We have not tested any of the electrical, central heating or sanitaryware appliances.
Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale.
All room measurements and mileages quoted in these sales particulars are approximate.
In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity.
Rather than traditional methods in which you would have to produce multiple utility bills and a photographic id we use an electronic verification system.
This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history fixtures and fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price.
Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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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About 5, Priory Court, Walsall
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