2-bedroom flat · WV6 0ER
Sold STCListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN | IDEAL INVESTMENT OPPORTUNITY A spacious first-floor maisonette, well positioned for excellent public transport links, local amenities, and convenient access to the city centre.
The property offers a generous living room, kitchen, two well-proportioned double bedrooms, and a modernised shower room — making it an ideal purchase for investors, first-time buyers, or those looking to downsize.
Living Room - 4.0 x 3.44 (13'1" x 11'3") - Double-glazed window, radiator, doorway to kitchen.
Kitchen - 2.67 x 2.43 (8'9" x 7'11") - Double-glazed window, fitted wall, drawer and base units with roll edge work surfaces above incorporating a stainless steel sink and drainer unit.
Bedroom One - 4.12 x 2.72 (13'6" x 8'11") - Double-glazed window, radiator. Bedroom Two - 2.32 x 2.17 (7'7" x 7'1") - Double-glazed window, radiator.
Shower Room - Double-glazed obscure window, low-level w.c., sink with vanity unit, shower enclosure.
Property Information - Title - The property is understood to be leasehold, with a lease term of 125 years from 29th April 1996.
We are advised that the annual ground rent is £10.00 and the latest annual service charge was £423.87. Services - The agents understands that mains gas, water, electricity and drainage are available.
Council Tax - Wolverhampton City Council - Tax Band A Anti-Money Laundering Regulations - In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity. The cost of these checks is £25.00 (including VAT) for each purchaser and any giftors contributing funds.
This check is done prior to the issue of a sales memorandum. Please note that this charge is non-refundable.
Broadband - Ofcom checker shows Standard / Superfast / Ultrafast are available Mobile Coverage - Mobile data coverage is constantly changing, please use the property postcode and this link for the most up to date information from Ofcom - Ofcom provides an overview of what is available.
Potential purchasers should contact their preferred supplier to confirm availability and speed. Flood Risk - Please use this link to check the long term flood risk for an area in England -
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors before making any investment decisions.
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
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FAQ
About Craddock Street, Wolverhampton
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