1-bedroom flat · WV1 2NP
For saleListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED MODERN GROUND FLOOR APARTMENT, CLOSE TO A RANGE OF AMENITIES! OFFERED FOR SALE WITH NO UPWARD CHAIN!
Benefitting from its own entrance, the property briefly comprises: entrance hall, open plan kitchen/living room, one bedroom and bathroom. There is one allocated parking space to the front elevation.
Energy Rating - C Council Tax Band - B Tenure - LEASEHOLD The current Vendor advises us that there are 103 years remaining. Service Charge is £1,344.00 per annum.
All lease details are approximate and should be confirmed by your Legal Representative. Approach 0.01m x 0.01m - 0'0" x 0'0" By way of one allocated parking space.
Entrance Hall 0.01m x 0.01m - 0'0" x 0'0" Having wall mounted electric storage heater, double glazed window and airing cupboard housing hot water tank.
Open Plan Kitchen/ Living Room 6.7m x 3.02m - 21'12" x 9'11" Having central heating radiator and double glazed window.
Kitchen 0.01m x 0.01m - 0'0" x 0'0" Having inset composite type sink top with fitted base units and decorative laminate work tops. Built-in oven with four ring electric hob and cooker hood.
Plumbing for washing machine, fitted wall cupboards and part ceramic wall tiling. Double glazed window and double glazed door leading out and wall mounted electric storage heater.
Bedroom 3.45m x 3.15m - 11'4" x 10'4" Having wall mounted electric storage heater and double glazed window.
Bathroom 2.01m x 1.7m - 6'7" x 5'7" Having 'White' suite comprising: panelled bath with shower fitting, pedestal wash hand basin and low flush W.C.
Part ceramic wall tiling, extractor fan and wall mounted electric storage heater.
Buyers Information 0.01m x 0.01m - 0'0" x 0'0" In line with UK anti-money laundering regulations, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity. The cost of these checks is £30 (including VAT) for each purchaser and any giftors contributing funds.
This fee is paid in advance when an offer is agreed, and prior to the issuance of a sales memorandum. Please note that 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
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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
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FAQ
About Essington Way, Wolverhampton
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