2-bedroom flat · WV6 0DY
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ground floor apartment is located off Riches street which is renowned for its simple access and bus routes to the Tettenhall road.
The accommodation includes an entrance hall, lounge, kitchen area, 2 bedrooms, bathroom and an allocated car parking space.
In further detail the property comprises of: Entrance Hall: Having a telephone style intercom. Lounge: With a upvc double glazed window to the rear and x2 wall mounted electric heaters.
Kitchen Area: Offering a matching range of wall and base level units with work surfaces over, integrated electric oven with hob and extractor fan over, 1 1/2 bowl stainless steel sink unit with mixer tap, part tiled walls, tiled flooring, storage cupboard housing the hot water cylinder, inset spot lighting, a freestanding fridge/freezer and a washing machine.
Bathroom: Having a white suite comprising of a panel bath with electric ' Triton' Shower unit over, wash hand basin, w/c and part tiled walls.
Bedroom : Having a upvc double glazed window to the rear and a wall mounted electric heater. Bedroom : Having a upvc double glazed window to the side and a wall mounted electric heater.
Outside: There is an allocated car parking space accessible via electronic security gates. EPC D64
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.
Area
Agent & docs
FAQ
About Riches Street, Whitmore Reans, Wolverhampton WV6
Explore nearby
