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See how verdicts work2-bedroom flat · DY3 2FB
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A tastefully maintained two-bedroom apartment, quietly positioned within a well-established cul-de-sac in Upper Gornal, offering pleasant distant views and presenting an ideal opportunity for first-time buyers or investors.
Located on the third floor, the property enjoys the benefits of gas central heating and UPVC double glazing.
The accommodation comprises a welcoming entrance hall, a spacious lounge/dining area, a well-equipped kitchen with practical storage, two bedrooms, and a bathroom.
Outside, the property offers the convenience of two allocated parking spaces, making it a smart and accessible choice in a desirable location. Council Tax - A. EPC - C .
Tenure - Leasehold - 110 years remaining. Service Charge - £773.35.00/ 6 months. Ground Rent - £250.00/ annum. Construction: Brick with a pitched interlocking tile roof.
All mains services are connected. Broadband/Mobile coverage: Flood Risk - Less than 0.1% chance per annum.
Sedgley branch Hallway Lounge Diner - 5.36m x 3.71m max (17'7" x 12'2" max) Kitchen - 2.69m x 2.39m (8'10" x 7'10") with storage cupboards.
Bedroom - 2.64m x 2.62m (8'8" x 8'7") Bedroom - 3.76m max x 3.53m (12'4" max x 11'7") Bathroom - 2.08m x 1.65m (6'10" x 5'5") Two Allocated Parking Spaces
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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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.
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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
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FAQ
About 53, Goodrich Mews, Upper Gornal
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