3-bedroom terraced house · WS3 4LR
Sold STCListed 571 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in a popular location close to the centre of Pelsall a rare development opportunity arises to purchase a 3 bedroom home, in need of refurbishment, with a parcel of land to the side which benefits from planning permission to build a 3 bedroom end terrace home.
Walsall Planning reference: 23/0733. Viewing is strictly by appointment with Paul Carr Land and New homes on .
*Please note the Purchaser is to be responsible for payment of the selling agents fees of 2% of the purchase price, PLUS VAT.
Payable upon exchange of contracts.* Identity Verification Fee - We are required by law to conduct anti-money laundering checks on all those buying a property as part of our due diligence.
As agents acting on behalf of the seller, we are required to verify the identity of all purchasers once an offer has been accepted, subject to contract.
The initial checks are carried out on our behalf by Lifetime Legal .
A non-refundable administration fee of £40 + VAT (£48 including VAT) applies which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable.
Hall Stairs, door to: Lounge 3.67m (12') x 3.64m (11'11") Window to rear, two windows to side, door to: Dining Room 3.67m (12'1") x 3.67m (12') Bow window to front, door to: Kitchen 6.04m (19'10") x 2.40m (7'11") max / 1.58m (5'2'') min Two windows to side, open plan, door to: Bathroom 2.20m (7'3") x 2.18m (7'2") Window to side, Storage cupboard, door to: Landing Door to: Bedroom 1 3.67m (12'1") x 3.67m (12') Window to front, door to: Storage Window to front, door to: Bedroom 2 3.64m (11'11") x 3.02m (9'11") Window to rear.
Bedroom 3 2.66m (8'9") x 2.23m (7'4") Window to rear, door to:
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
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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 Ashtree Road, Pelsall. WS3 4LR
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