1-bedroom flat · DY2 9RA
To rentReduced £50 (−6.7%) on 12 SepListed 159 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom flat, located on the first floor of a converted house which is close to local transport links and amenities, the property is part furnished with all white goods include, benefiting from a driveway, large living room, double bedroom, new bathroom and fitted kitchen.
To secure a property you are required to supply: Proof of address References Completed Application Form Deposit five weeks rent The tenancy agreement on any property is joint and severally binding on all parties.
Tenancy terms agreed by the applicant through Royal Estates are subject to authorisation by the landlord of the relevant property. Agreements are contractually between tenant and landlord.
Smoking and pets are not permitted unless prior permission is agreed. The tenancy agreement on any property is joint and severally binding on all parties.
Tenancy terms agreed by the applicant through Royal Estates are subject to authorisation by the landlord of the relevant property. Agreements are contractually between tenant and landlord.
Smoking and pets are not permitted unless prior permission is agreed. An administration fee will apply when renting this property. The administration fee is £250.00 + VAT.
There is a £50 + VAT fee per guarantor (if required). This fee is non-refundable. For more details, please contact Royal Estates.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 2, 37 Cradley Road, Cradley Heath
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