2-bedroom flat · WV3 0PB
Sold STCListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
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*NO UPWARD CHAIN AND VACANT POSSESSION!* *LONG LEASE OF 120 YEARS!* An ideal first-time buy or investment opportunity in the heart of Wolverhampton – with excellent access to city life and commuter links!
Located in the ever-popular Merridale area of central Wolverhampton, this two-bedroom first-floor flat offers a fantastic blend of potential, convenience, and city-centre proximity.
Whether you’re a university student looking for accommodation within walking distance of campus, a buy-to-let investor seeking guaranteed tenant appeal, or a professional working in and around the city, this property ticks all the right boxes.
Positioned just minutes from Wolverhampton’s bustling city centre and mainline train station, the flat offers brilliant access to a host of local amenities, well-regarded schools, and vital transport links.
The University of Wolverhampton is also just a short stroll away, making this a perfect student base or long-term investment option in an area with consistently high rental demand.
Built in the classic style of the 1950s–1960s, the property is set within a secure gated development and accessed via a key fob entry system, with additional intercom access for guests and parcel deliveries.
Residents also benefit from private use of the well-maintained communal courtyard – an added touch of outdoor space in this central location.
Internally, the flat offers a spacious layout with an entrance hallway, a generously sized living room featuring a sliding door that opens out onto a private balcony, two double bedrooms, a fitted kitchen, and a family bathroom.
While the interior would benefit from some cosmetic refurbishment, it provides the perfect blank canvas for any buyer to put their own personal stamp on it.
With no onward chain, solid rental potential, and a central location that continues to grow in popularity, this property presents an exciting opportunity for a range of buyers – from first-time purchasers to seasoned landlords!
Lease information Lease years remaining - 120 years (lease ends on 26/10/2145) Ground rent - £10.00 per annum Service charge - £1,173.79 per annum EPC rating: C.
Tenure: Leasehold, Length of lease (remaining): 119 years 2 months, Entrance Hallway Living Room 5.91m x 3.43m (19'5" x 11'3") Balcony Kitchen 3.1m x 1.71m (10'2" x 5'7") Bedroom One 3.12m x 4.11m (10'3" x 13'6") Bedroom Two 4.11m x 2.51m (13'6" x 8'3") Bathroom ID checks Once an offer is accepted on a property marketed by Belvoir Estate Agents we are required to complete ID verification checks on all buyers and to apply ongoing monitoring until the transaction ends.
Whilst this is the responsibility of Belvoir Estate Agents we may use the services of MoveButler, to verify Clients' identity.
This is not a credit check and therefore will have no effect on your credit history. You agree for us to complete these checks, and the cost of these checks is £36.00 inc. VAT per buyer.
This is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
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
Agent & docs
FAQ
About Graiseley Street, Wolverhampton City Centre, Wolverhampton, WV3
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