1-bedroom flat · WV5 9DY
Listing removedListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO UPWARD CHAIN!
A well-positioned one-bedroom ground floor maisonette, conveniently located close to local amenities and transport links, and benefiting from its own private drive and a rear garden with pleasant field views beyond.
Offering excellent potential and in need of some modernisation, the property provides a fantastic opportunity for buyers to put their own stamp on it.
As you step into the property, you are welcomed via a porch into an inner hall, which in turn leads to the main living accommodation.
The living room is a spacious room with a large window to the front, allowing for plenty of natural light.
To the rear is the kitchen, fitted with wall and base units, a sink with drainer, and space for a cooker, washing machine and dishwasher. There is also a useful storage cupboard housing the boiler.
The bedroom is positioned to the front of the property and benefits from built-in storage. The bathroom comprises a bath with shower above, WC and wash hand basin.
From the main hall there are two additional storage cupboards, and to the rear a secondary hall area provides further storage and could lend itself to use as a small utility space if desired, with a door leading out to the garden.
Externally, the property enjoys a low-maintenance rear garden, mainly laid to patio, with a side access gate and open views towards fields in the distance.
To the front, there is a large private driveway providing off-road parking for multiple vehicles, which is a real advantage for this style of property. Lease length: 89 Years Remaining.
Service Charge: Approximately £179.77 per annum. Ground rent: £10 per annum. Tenure: Leasehold. Council Tax Band: A.
EPC: C Buyers Information: To comply with Anti-Money Laundering regulations, prospective purchasers will need to provide identification documents, proof of funds, and proof of address before an offer can be accepted.
A non-refundable administration fee of £30 per individual purchaser is payable upon acceptance of an offer. EPC Rating: C
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Wood Road, Wombourne, WV5
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