2-bedroom flat · WV4 5UZ
For saleListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no upward chain, this well-presented over-60s one-bedroom first-floor apartment provides comfortable and low-maintenance living within a welcoming community setting.
The development is set within attractive communal grounds and benefits from a range of facilities including a large residents’ car park, house manager, 24-hour emergency call system, guest suite and a spacious communal lounge.
The apartment is also conveniently located close to the lift within the building.
Entering into the apartment, there is a hallway with useful built-in storage, providing space for coats and everyday items.
The hallway leads through to a spacious living room, which enjoys views over the front of the development and provides a bright and comfortable living space.
Leading from the living room is the kitchen, fitted with a range of wall and base units and including an integrated oven and electric hob, along with space for a fridge and freezer.
There is also a pass-through window connecting to the second bedroom.
The principal bedroom is a particularly generous room, measuring over 20 feet in length, and benefits from fitted wardrobes along with a light and airy feel.
Bedroom two also enjoys a pleasant outlook and offers versatile use as either a guest room or additional living space.
Completing the accommodation is the shower room, fitted with a walk-in shower, WC and wash hand basin.
Externally, the development is set within well-maintained communal gardens to the rear and side, providing attractive outdoor spaces for residents to enjoy.
To the front is a large communal car park with unallocated parking available. The property is Leasehold with 100 years remaining (125 years from 1st November 2000) .
The service charge is £2,676 half yearly and the ground rent is £422 half yearly. Council Tax Band - C and EPC - TBC.
Buyers Information: To comply with Anti-Money Laundering regulations, prospective purchasers will need to provide identification documents, proof of funds, and proof of address before an offer can be accepted.
A non-refundable administration fee of £30 per individual purchaser is payable upon acceptance of an offer.
EPC Rating: C Disclaimer In line with UK anti-money laundering regulations, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity(IamProperty/Move Butler). The cost of these checks is £30 (including VAT) for each purchaser and any giftors contributing funds.
This fee is paid in advance when an offer is agreed, and prior to the issuance of a sales memorandum. Please note that this charge is non-refundable.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About Penn Road, Pendene Court, WV4
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