1-bedroom house · WV6 8PE
For saleListed 231 days
Opportunity summary
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About
A well located and well presented ground floor apartment standing in a highly regarded retirement development for the over 60's close to the centre of Tettenhall Village.
Location - Beechwood Court lies just off Corfton Drive within easy reach of Tettenhall Village centre with its comprehensive range of shopping facilities.
Regular bus services run along Wood Road and the further amenities afforded by Tettenhall Wood, the Compton Shopping Centre and Wolverhampton City Centre itself are all within easy reach.
Description - 19 Beechwood Court is a ground-floor apartment offering well-presented accommodation with a delightful outlook over the communal gardens.
This is an ideal retirement property which benefits from the services of a house manager, 24 hour emergency pull cord system, a communal lounge, a communal laundry and drying room, residents parking and guest suites which can be booked for visiting family or friends.
Beechwood Court, which is mostly wheelchair friendly, is surrounded by well-maintained communal grounds and gardens providing delightful external areas.
Accommodation - A door opens into the HALL with an emergency pull cord and a store cupboard.
The LOUNGE has a formal fireplace with electric fire, a double glazed door and window opening onto a small patio with views over communal gardens, emergency pull cord and an open doorway to the KITCHEN with a range of gloss fronted wall and base units with roll top working surfaces, a two ring electric hob with filtration unit above, stainless steel sink and drainer, integrated electric oven and fridge and space for an undercounter freezer.
The BEDROOM is a good size double room with a built in wardrobe with mirrored doors and a double glazed window.
The SHOWER ROOM has a corner shower cubicle, WC, vanity unit with wash basin and cupboards, integrated ceiling lighting and a heated ladder towel rail.
Outside - Beechwood Court stands in a delightful, secluded position amidst extensive, communal and sweeping lawns with well stocked beds and borders. There is ample parking for residents and visitors.
Lease Details - The property is held on a lease of 125 years from the 1st of August 1987 thus having approximately 86 years unexpired.
There is a service charge payable which is currently £2,289.54 per annum which covers internal communal area decoration and cleaning, external decoration, window cleaning, grounds maintenance, communal laundry, buildings insurance, two guest suites and a lift.
There is a ground rent of £494.20 per annum.
We are informed by the Vendors that water and drainage are connected and the heating is electric storage heaters COUNCIL TAX BAND B – Wolverhampton POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the Tettenhall Office. The property is LEASEHOLD.
Broadband – Ofcom checker shows Standard, Superfast and Ultrafast are available 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 check availability and speeds.
The long term flood defences website shows very low risk.
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.
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About 19 Beechwood Court, Corfton Drive, Tettenhall, Wolverhampton, WV6 8PE
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