2-bedroom flat · WS12 4AD
For saleListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a POPULAR LOCATION, this well presented SECOND FLOOR APARTMENT offers an excellent opportunity for first time buyers, downsizers or investors alike Situated in a popular location, this well presented second floor apartment offers an excellent opportunity for first time buyers, downsizers or investors alike.
The property features two well proportioned bedrooms, a bright and spacious living area, and benefits from attractive open field views, creating a pleasant outlook rarely found with apartment living.
Further advantages include allocated parking and a long lease, providing added peace of mind for future owners.
Conveniently positioned close to local amenities, transport links and everyday conveniences, this apartment combines comfort, practicality and an enviable setting, making it a fantastic place to call home.
Hallway With two light points, two storage cupboards and radiator.
Lounge 5.56m x 2.76m (18' 3" x 9' 1") With two light points, two radiators and double glazed UPVC French doors which lead onto a Juliette balcony overlooking field views.
Kitchen 2.38m x 1.88m (7' 10" x 6' 2") Fitted with a range of base, wall and drawer units with space for appliances, stainless steel one and a half bowl sink with drainer and mixer tap, electric oven with gas hob with extractor fan over, light point, combination gas fired central boiler and double glazed UPVC window.
Bedroom One 3.74m x 2.86m (12' 3" x 9' 5") With double glazed UPVC window, radiator, light point and fitted wardrobes.
Bedroom Two 4.43m x 1.89m (14' 6" x 6' 2") With double glazed UPVC window, radiator and light point.
Bathroom 2.03m x 1.87m (6' 8" x 6' 2") Comprising of bath with electric shower over, WC, vanity wash hand basin, radiator, part tiled walls, light point, extractor fan and shaver point.
Outside Car parking area with allocated parking. Tenure The property is Leasehold with a 999 year lease from 1st January 2001. The ground rent is £100 pa.
The current service charge is £1,800.00 per annum Further details in this respect will be verified by the Vendors legal advisers during pre-contract enquiries.
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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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 Stephenson Way, Hednesford, Cannock, WS12
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