2-bedroom flat · WV1 3EG
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WK Estate Agents located in West Bromwich are please to offer this fantastic two bedroom apartment.
Located close to local amenities and transport networks the apartment would make an ideal investment opportunity or perfect home.
The property consists open plan lounge/kitchen, two bedrooms, master having en suite bathroom and family bathroom. There is also the added bonus of allocated parking.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. FRONT ELEVATION The property is approached via secure entrance with intercom system and stairs rising.
ENTRANCE HALL Having intercom system, electric storage heater and doors leading onto Open Plan Living Area 11' 06" x 17' 01" (3.51m x 5.21m) Having double glazed doors onto juliette balcony, double glazed window to side elevation, electric storage heater and laminate flooring.
KITCHEN AREA 7' 08" x 7' 11" (2.34m x 2.41m) Housing a range of wall and base units with work surfaces over, sink with drainer and partial tiling to walls.
Electric oven and hob with cooker hood over. Space for domestic appliances and double glazed window to rear elevation.
BEDROOM ONE 9' 02" x 11' 05" (2.79m x 3.48m) Double glazed window to front elevation, electric storage heater and built in wardrobes.
ENSUITE 4' 07" x 7' 01" (1.40m x 2.16m) Having shower cubicle, wash hand basin, low level flushing WC. Extractor fan, heated towel rail and full tiling to walls and floor.
BEDROOM TWO 7' 6" x 8' 3" (2.29m x 2.51m) Double glazed window to rear elevation and electric storage heater. BATHROOM Having bath with shower over.
Wash hand basin, low level flushing WC. Partial tiling to walls, tiled floor, heated towel rail and double glazed window to rear elevation.
REAR ELEVATION The allocated parking is a number spaced to the rear of the property.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Albion Street, Wolverhampton, WV1
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