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See how verdicts work2-bedroom flat · WV11 2PU
For saleReduced £3k (−2.3%) on 28 SepListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* 2 bedroom Flat * 1st Floor * refitted kitchen * UPVC double glazing * Central Heating council tax band A Situated in a popular residential area this First Floor Flat offers a much improved interior which must be viewed to be fully appreciated, Features include an impressive refitted kitchen, two good bedrooms, generous living room, gas fired central heating and UPVC double glazing (as listed).
The well presented accommodation can be more fully described as :- (approx, dimensions only).
Ground Floor Communal entrance hall With security fob access system and staircase leading to :- First Floor Communal landing giving access to :- Flat No.
34 Entrance hall with composite style front door. Living Room (17'6" x 10'9" (5.3m x 3.3m)) Having a feature UPVC double glazed porthole style window and further UPVC double glazed window.
Well Appointed Kitchen (10'3" x 9'3" (3.1m x 2.8m)(max)) Which is equipped with a 1 1/2 bowl sink unit, a refitted range of base units, wall cupboards and work surfaces, Built-in 'Indesit' oven with matching split level hob unit and chimney style extractor hood over, Recessed ceiling spot lights and PVC double glazed window Inner Hall With double airing cupboard containing the hot water cylinder.
Bedroom 1 (13'6" x 9'9" (4.1m x 3m)) Having UPVC double glazed window. Bedroom 2 (11' x 9'9" (3.35m x 3m)) With UPVC double glazed window.
Shower Room With bath and wash hand basin, UPVC double glazed window. Separate WC With replaced low flush suite and UPVC double glazed window. Outside Small lawned are and brick store.
A further brick store is situated on the landing. Nb. A full Leasehold Pack is available, detailing proposed works, on request.
Services We understand from the vendor that all mains services are available.
Council tax band A Service charge £705.48 as at 26.3.25 tenure We understand from the vendor that the property is leasehold With a 125 year lease from 12th December 1993 (approx, 93 years remaining) Subject to a ground rent to £10 per annum..
References to the tenure of this property are based upon information supplied by the vendor.
The agent has not had sight of the title documents; a buyer is advised to obtain verification from their Solicitor.
Measurements Please note that our room sizes are now quoted in metres to the nearest tenth of a metre on a wall-to-wall basis.
The imperial equivalent is only intended as an approximate guide for those applicants who are more conversant with this form of measurement.
Viewing by appointment via the selling agents on property misdescriptions act 1991 conditions under which the attached particulars are issued.
The agent has not tested any apparatus, equipment, fixtures and fittings or services and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore, the buyer must assume the information given is incorrect.
Neither has the Agent checked legal documentation to verify the legal status of the property or the validity of any guarantee.
A buyer must assume the information is incorrect, until verified by their own Solicitors.
The sale particulars may change in the course of time and any interested party is advised to make a full inspection of the property prior to exchange of contracts.
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
Agent & docs
FAQ
About 34, Newey Road, Wednesfield
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