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 detached house · DY8 4DW
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire this charming and character-filled former pumphouse, beautifully converted into a unique three-bedroom family home.
The Old Pumphouse at 2 Richardson Drive seamlessly blends period features with modern comforts, offering spacious and versatile accommodation throughout.
Highlights include a welcoming lounge with feature brick fireplace and French doors, an extended kitchen/breakfast room with Belfast sink and five-burner gas hob, a bright conservatory, and a versatile second reception/dining room.
Upstairs, three well-proportioned bedrooms are complemented by an impressive oversized bathroom featuring a freestanding roll-top bath and separate double shower.
Externally, the property boasts a substantial block-paved driveway providing parking for multiple vehicles, beautifully maintained gardens, a private side entertaining area, and a wrap-around rear lawn with privacy fencing alongside the canal.
Ideally positioned close to the heart of Wollaston village and benefiting from excellent transport links, this distinctive home offers character, space and convenience in equal measure.
Lounge (14’9” x 13’8”) - Featuring a brick fireplace, amtico flooring, and French doors to the side patio garden, this lounge is full of character and light.
Extended Kitchen/Breakfast Room (20’2” x 9’6”) - A spacious kitchen with wall and base units, a Belfast sink, a double oven with a five-burner hob, and access to the utility room and WC.
Utility Room (5’2” x 4’) - Includes space for a fridge, plumbing for a washing machine, and a door to the side patio.
Conservatory (13’ x 11’7”) - A bright space with French doors to the side patio, tiled flooring, and a ceiling fan.
Second Reception/Dining Room (13’7” x 9’8”) - With tiled flooring, a front window, and versatile space. Downstairs WC - Includes a toilet, vanity basin, and houses the combi boiler.
Entrance Hall - With Minton tile flooring and staircase to the first floor. Bedroom One (14’8” x 13’9”) - A dual-aspect room with built-in wardrobe and wooden flooring.
Bedroom Two (14’3” x 9’8”) - Front-facing with fitted wardrobes, loft access, and wooden flooring. Bedroom Three (9’7” x 9’6”) - Rear-facing with loft access and wooden flooring.
Bathroom - Oversized, with a roll-top bath, separate shower, WC, basin, and airing cupboard.
External Features - A block-paved driveway for 5-6 cars, front lawn, canal-side fencing, side patio, and a wrap-around rear lawn.
Location - Nestled near Wollaston village, you’ll enjoy fantastic transport links and a vibrant community. The old pumphouse offers a unique blend of history and modern living.
Whilst every effort has been made to confirm the validity of measurements and details listed above buyers are advised to physically inspect or else otherwise satisfy themselves as to their accuracy.
Tenure - References to the tenure of a property are based on information supplied by the seller. We are advised that the main property is Freehold.
Money Laundering Regulations - In order to comply with Money Laundering Regulations, from June 2017, 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.
The agent will obtain electronic biometric verification via a third-party provider in order to comply with Money Laundering Regulations, this will bear a cost to the purchaser to the sum of £30 per person.
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 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.
Area
Agent & docs

FAQ
About 2, Richardson Drive, Wollaston, Stourbridge, DY8 4DW
Explore nearby