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See how verdicts work2-bedroom house · WV6 8QL
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a desirable corner position within a peaceful and well-maintained retirement development, this spacious two-bedroom first-floor apartment is offered on a 70% shared ownership basis and is available exclusively to purchasers aged 55 years and over.
Ideally located just a short stroll from Tettenhall's picturesque Upper Green, the property enjoys convenient access to an excellent range of independent shops, cafés, restaurants, medical facilities and everyday amenities, as well as nearby allotments and attractive walking routes.
Beautifully presented throughout, the accommodation briefly comprises a private ground floor entrance hall with stairs rising to the first-floor landing, a generous lounge featuring an attractive fireplace with marble-effect surround, a well-appointed shaker-style fitted kitchen, a modern bathroom fitted with a contemporary white suite and shower over the bath, a spacious double bedroom, and a second single bedroom.
Both bedrooms enjoy pleasant views across the beautifully maintained communal gardens.
Externally, the development is set within attractive landscaped communal gardens, providing a peaceful environment for residents to relax and enjoy.
Residents' parking is available, together with additional visitor parking within the development. The property is leasehold with approximately 85 years remaining on the lease.
It is offered for sale as a 70% shared ownership property, with the remaining 30% retained by Anchor. Importantly, there is no rent payable on the retained share.
Instead, there is a monthly service charge of approximately £216, which includes the ground rent together with the maintenance and upkeep of the communal areas and gardens.
The development forms part of Anchor's affordable retirement housing scheme, where the maximum share available to purchase is permanently capped below 100% to ensure the homes remain affordable for future generations of buyers.
Offering well-proportioned accommodation, a sought-after village location and low-maintenance retirement living, this is an excellent opportunity to acquire a superb home within one of Tettenhall's most desirable retirement developments.
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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Hanover Court, Wolverhampton, WV6
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