2-bedroom terraced house · WS3 3NE
Sold STCReduced £10k (−4.5%) on 24 SepListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a popular Cul-De-Sac, Lancaster Place has been extensively refurbished which offers modern living, excellent additional space and a quiet rear garden.
The property has been rewired, taken back to bare brick and re-plastered throughout, giving the home a fresh and contemporary feel.
The accommodation briefly comprises an entrance hall leading into a spacious open-plan living/dining room, creating a versatile space for both everyday living and entertaining.
The kitchen is positioned at the front of the property, providing a practical and well-appointed space for everyday cooking and use.
To the first floor are two well-proportioned bedrooms, a separate study and a recently installed modern bathroom. From the study room, a staircase leads up to the useful loft room.
The loft room provides versatile additional space which could be utilised as a home office, hobby room, or storage area, depending on the purchaser's requirements.
The room also benefits from air conditioning, making it a comfortable space to use throughout the year.
Outside, the property benefits from a quiet rear garden, offering a pleasant space to relax and enjoy, together with off-road parking to the front.
The location is particularly convenient, being within the catchment area for Walsall Academy on Lichfield Road and close to a selection of local primary schools.
Bloxwich High Street is also nearby, providing a range of shops, amenities and everyday conveniences.
Having undergone a significant programme of refurbishment, including a full rewire and replastering, this is an ideal opportunity for buyers looking for a home that is ready to move into, while still offering useful and flexible additional space.
EPC Rating: C
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.
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FAQ
About 15 Lancaster Place, Walsall
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