2-bedroom semi-detached house · DY10 3GH
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully maintained two bedroom semi-detached home, located on the popular Red Oak Drive in Lea Castle Comprising an open plan kitchen living space with French doors and views out onto the garden, downstairs w.c., two double bedrooms and a family bathroom, the accommodation on offer is ideal for couples or young families looking to be situated on a pleasant, well maintained development.
Externally, the garden is a perfect space for children to play or to enjoy the warmer months hosting friends and family.
To the side of the property, the driveway allows off road parking for two vehicles.
Positioned just a short distance away from Cookley and Kidderminster, local amenities including schooling, doctors surgeries, various shops and eateries, nature walks and outdoor activities are all within easy reach.
To arrange a viewing of this lovely property, please contact our Hagley branch. Approach - Approached via path with lawn to front, weather porch and driveway to side with gate through into the garden.
Entrance Hall - With central heating radiator, herringbone wood flooring and doors leading to: W.C - With central heating radiator, herringbone wood flooring, pedestal sink and w.c.
Kitchen Living Space - 4.0 max x 7.7 max (13'1" max x 25'3" max) - With dual aspect double glazed windows to front and side, French doors to rear, two central heating radiators and herringbone wood flooring.
Featuring a variety of fitted wall and base units with worksurface over, stainless steel sink and four ring hob with extractor fan overhead.
Integrated appliances include a fridge freezer, oven, dishwasher and washing machine, along with space for both dining and living furniture. Stairs lead up to the first floor landing.
First Floor Landing - With access to the loft via hatch and doors lead to: Bedroom One - 4.1 max x 2.8 max (13'5" max x 9'2" max) - With double glazed window to front and central heating radiator.
Bedroom Two - 4.0 max 2.9 min x 2.6 max 1.8 min (13'1" max 9'6" - With double glazed window to rear, central heating radiator and large over-stairs storage cupboard.
Bathroom - With obscured double glazed window to side, chrome heated towel radiator and tiling to splashback. There is a pedestal sink, w.c. and fitted bath with hand held shower.
Garden - With paved patio area, lawn with mature planter beds, shed for storage and established borders with fence panels. Gate to side gives access to the driveway for convenience.
Tenure - Freehold - References to the tenure of a property are based on information supplied by the seller. We are advised that the property is freehold.
We have been advised that there is a maintenance charge of approximately £417 per annum. A buyer is advised to obtain verification from their solicitor. Council Tax - Tax band is B.
Money Laundering Regulations - In order to comply with Money Laundering Regulations, from June 2017, all prospective purchasers are required to provide the following - 1.
Satisfactory photographic identification. 2. Proof of address/residency. 3. Verification of the source of purchase funds.
In the absence of being able to provide appropriate physical copies of the above, Grove Properties Group reserves the right to obtain electronic verification.
Referral Fees - We can confirm that if we are sourcing a quotation or quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process.
You should be aware that we could receive a maximum referral fee of approximately £175 should you decide to proceed with the engagement of the solicitor in question.
We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business.
The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.
We can also confirm that if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements.
You should be aware that we receive a referral fee from Infinity for recommending their services.
The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee.
On average the referral fees that we have received recently are £218 per case.
The same also applies if we have introduced you to the services of our panel of surveyors who we are confident will provide you with a first class service relevant to your property needs.
We will again receive a referral fee equivalent to 10% of the fee that you pay capped at £200.00 This referral fee does not impact the actual fee that you would pay had you approached any of the panel of surveyors directly as it is paid to us as an intermediary on the basis that we save them significant marketing expenditure in so doing.
If you have any queries regarding the above, please feel free to contact us.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About Red Oak Drive, Lea Castle, Kidderminster
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