Studio flat · WV10 0NF
No longer listedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor studio flat is located on Thorneycroft Lane within a few minutes' walk of the rear access to New Cross Hospital.
The property is also within walking distance of Wednesfield Town Centre and also the vibrant Bentley Bridge leisure & shopping complex.
The studio apartment is well presented with en-suite shower room and a fully fitted kitchen which includes an electric hob, oven, fridge and built in washer/dryer.
Payable in advance prior to moving into this property is one month's rent and also one month's rent as a deposit. Council tax is included in the monthly rent.
The utility bills the tenant will have to pay are electric and water rates.
For further information or to book a viewing please call our offices during our business hours of Monday to Friday 9am - 5pm.
Rent Me Now is a trading name of Ellahi Property Lettings Limited, Company Registration Number 07648973.
Rent Me Now trading as Ellahi Property Lettings Limited is part of the Safeagent Client Money Protection Scheme, Accreditation Number A8203.
Rent Me Now trading as Ellahi Property Lettings Limited is a member of the Property Redress Scheme, Membership Number PRS001390.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
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FAQ
About Flat 2, 40 Thorneycroft Lane, Wolverhampton
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