2-bedroom flat · WV6 7NR
Sold STCListed 332 days
Opportunity summary
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About
A VIEWING IS HIGHLY RECOMMENDED ON THIS SPACIOUS TWO BEDROOM GROUND FLOOR MASIONETTE OCCUPYING A MOST SOUGHT AFTER LOCATION IN PERTON.
THIS PROPERTY FEATURES NO UPWARD CHAIN AND WOULD APPEAL TO PLENTY OF BUYERS LOOKING FOR GROUND FLOOR LIVING IN A LOVELY LOCATION.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
PER250204/2 Description A VIEWING IS HIGHLY RECOMMENDED ON THIS SPACIOUS TWO BEDROOM GROUND FLOOR MASIONETTE OCCUPYING A MOST SOUGHT AFTER LOCATION IN PERTON.
THIS PROPERTY FEATURES NO UPWARD CHAIN AND WOULD APPEAL TO PLENTY OF BUYERS LOOKING FOR GROUND FLOOR LIVING IN A LOVELY LOCATION. The accommodation briefly comprises: ENTRANCE HALL.
LOUNGE/DINER facing the front. KITCHEN to the rear with base units, space for appliances, built in hob and oven along with a door leading to outside.
There is a rear hall with useful storage cupboards, and access into TWO DOUBLE BEDROOMS and the BATHROOM W/C with a three piece suite.
OUTSIDE: This property benefits from AN ENCLOSED REAR GARDEN with plenty of lawn areas, shrubs and plants, garden shed, patio areas and a side gate leading to the front with a pathway to the GARAGE for off road parking.
EPC GRADE AWAITED. Location The property is situated on the popular Perton development and has access to local shops and amenities within Perton.
The property also has access to Wolverhampton town centre which is approx 5 miles away. The M6 and M54 motorways are within commuting distance. Entrance Hall Double glazed door.
Lounge/Diner 5.87m x 3.95m Double glazed window, radiator. Kitchen 2.63m x 2.45m Base units with surfaces over, oven and hob, space for other appliances, door leading to outside.
Rear Hall Two cupboards for storage. Bedroom One 4.79m x 2.78m Window to the front, radiator. Bedroom Two 2.84m x 2.84m Window to the rear , radiator.
Bathroom W/C 1.86m x 1.67m Three piece suite, radiator, single glazed window.
Outside Rear Garden Patio areas, lawn areas, shrubs, plants, garden shed, side gate leading to the front. Front Garden Lawn areas. Garage En Bloc Up and over door.
Local Authority/Council Tax Band South Staffordshire Council/Band B Tenure Leasehold
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
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FAQ
About Gainsborough Drive, Perton Wolverhampton, Staffordshire, WV6
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