1-bedroom flat · WS11 7GN
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CASH BUYERS ONLY ** ONE BED FIRST FLOOR APARTMENT ** ALLOCATED PARKING ** GOOD SIZED LOUNGE ** KITCHEN ** BATHROOM ** WEBBS ESTATE AGENTS are delighted Welcome to market 26 Picasso Close a one-bedroom flat located on Picasso Close in the highly desirable area of Cannock.
This first-floor apartment presents an excellent opportunity for cash buyers seeking a comfortable living space in a vibrant community.
As you enter the property, you will find a good-sized lounge that offers a welcoming atmosphere, perfect for relaxation or entertaining guests.
The generous bedroom provides ample space for furnishings and personal touches, ensuring a restful retreat at the end of the day.
The kitchen is functional and well-equipped, catering to your culinary needs, while the bathroom is conveniently situated to serve both residents and visitors.
One of the notable features of this flat is the allocated parking, providing you with the convenience of having your own space.
The property is also within walking distance to local amenities, making it easy to access shops, cafes, and other essential services.
Additionally, the nearby train station offers excellent transport links, enhancing the appeal of this location for commuters.
It is important to note that this property comes with a short lease, making it an ideal choice for those looking to invest in a property with potential.
Whether you are a first-time buyer or seeking a rental opportunity, this flat on Picasso Close is a fantastic option in a sought-after area.
Do not miss the chance to view this delightful apartment and envision the possibilities it holds for you.
Entrance Hallway - First Floor Landing - Lounge - 4.402 x 3.172 (14'5" x 10'4") - Kitchen - 3.117 x 1.812 (10'2" x 5'11") - Bathroom - 2.029 x 1.934 (6'7" x 6'4") - Externally - Allocated Parking - Agents Note - Please note the leasehold charges are approximate, you should check the charges thoroughly with your solicitor beforehand.
only 62 years left on lease service charge £375 and ground rent is £75 per year Identification Checks - C - Should a purchaser(s) have an offer accepted on a property marketed by Webbs Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £45.00 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. 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
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 advisors 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 26, Picasso Close, Heath Hayes, Cannock
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