2-bedroom flat · DY8 1ND
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented top floor two-bedroom apartment, recently fully refurbished throughout to a high standard, offering modern and move-in-ready accommodation ideal for first-time buyers, downsizers, or investors alike.
Situated in a highly sought-after location, the property is just a short walk from Stourbridge High Street, providing easy access to a wide range of shops, cafes, restaurants, and excellent transport links.
The accommodation comprises a bright and spacious lounge, a newly fitted contemporary kitchen, two well-proportioned bedrooms, and a stylish bathroom.
The property also benefits from a garage en-bloc, providing valuable additional storage or parking.
Offered to the market with no upward chain, this is a fantastic opportunity to acquire a turnkey home in a convenient and desirable location. Early viewing is highly recommended.
Hallway - Door to front, two cupboards off and doors to: Lounge - 3.1 x 5.7 (10'2" x 18'8") - Double glazed window to front with far reaching views.
Kitchen - 1.7 x 3.5 (5'6" x 11'5") - Double glazed window front, range of wall and base units with work surface over incorporating sink with mixer tap, induction hob with extractor hood over, oven, space and plumbing for washing machine and extractor fan, Bedroom One - 3.0 x 4.1 (9'10" x 13'5") - Double glazed window to front and walk in wardrobe.
Bedroom Two - 1.9 x 2.8 (6'2" x 9'2") - Double glazed window to front.
Bathroom - WC, wash hand basin with mixer tap, bath with electric shower over, skylight, heated towel rail, tile splash backs and extractor fan.
Garage - 2.6 x 4.8 (8'6" x 15'8") - Up and over main garage door. Communal Garden - Well maintained grounds shared with all residents. Tenure (Leasehold).
- References to the tenure of a property are based on information supplied by the seller.
We are advised by the seller that the property is leasehold with 144 years remaining on the lease and a service charge of £1200 per annum.
A buyer is advised to obtain verification from their solicitor. Money Laundering Regulations.
- Please note that under the MONEY LAUNDERING REGULATIONS 2017 we are legally required to verify the identity of all purchasers and the source of their funds to enable the purchase, all prospective purchasers are required to provide the following - 1.
Satisfactory photographic identification. 2. Proof of address/residency. 3. Verification of the source of purchase funds.
Lex Allan reserves the right to obtain electronic verification of any relevant document sought which there will be a charge to the purchasers at £30 inc VAT per person.
If your offer is acceptable we will be required to share personal details with relevant third parties regarding your chain details on your sale/purchase. Referral Fees.
- We can confirm that if we are sourcing a quotation or quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process.
You should be aware that we could receive a maximum referral fee of approximately £300 inc VAT should you decide to proceed with the engagement of the solicitor in question.
We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business.
The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.
We can also confirm that if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements.
You should be aware that we receive a referral fee from Infinity for recommending their services.
The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee.
On average the referral fees that we have received recently are £218 per case.
The same also applies if we have introduced you to the services of surveyors who we are confident will provide you with a first class service relevant to your property needs, we will again receive a maximum referral fee of £200 inc vat.
This referral fee does not impact the actual fee that you would pay had you approached them direct as it is paid to us as an intermediary on the basis that we save them significant marketing expenditure in so doing.
If you have any queries regarding the above, please feel free to contact us.
Value & comps
No previous sales on record.
Returns
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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 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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