1-bedroom flat · WV6 8PE
For saleListed 89 days
Opportunity summary
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About
Occupying a pleasant top floor position within the highly regarded Beechwood Court retirement development, this well-maintained one-bedroom apartment is available to purchasers aged 60 years and over and enjoys an attractive outlook across the beautifully kept communal gardens.
Ideally situated just a short walk from the heart of Tettenhall Village, the property benefits from easy access to an excellent range of independent shops, cafés, restaurants, medical facilities and everyday amenities, together with regular bus services providing convenient links to Wolverhampton City Centre and the surrounding areas.
Designed for comfortable, low-maintenance retirement living, Beechwood Court offers residents a welcoming community environment together with a range of excellent communal facilities, including a House Manager, 24-hour emergency pull-cord system, residents' lounge, communal laundry and drying room, guest accommodation for visiting family and friends, residents' parking and beautifully maintained communal gardens.
The accommodation briefly comprises an entrance hall with useful storage cupboard, a spacious lounge featuring an attractive fireplace with electric fire and a window enjoying pleasant views over the communal gardens.
The adjoining kitchen is fitted with a range of wall and base units incorporating an integrated electric oven, hob and sink basin.
The generous double bedroom benefits from a fitted mirrored wardrobe, whilst the bathroom is appointed with a shower over the bath, WC, wash hand basin and a heated towel rail.
Externally, the development stands within attractive, landscaped communal grounds with sweeping lawns, mature flower beds and borders, together with ample residents' and visitors' parking.
The property is leasehold with approximately 86 years remaining on the current lease.
The annual service charge is currently £3,604.58 and includes maintenance and cleaning of the communal areas, external decoration, window cleaning, grounds maintenance, buildings insurance, use of the communal laundry, lift and guest suites.
The annual ground rent is currently £494.20.
This attractive apartment presents an excellent opportunity for those seeking independent retirement living in one of Tettenhall's most sought-after developments, combining a peaceful setting with the convenience of village amenities close at hand.
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 £40 (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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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 Corfton Drive, Wolverhampton, WV6
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