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See how verdicts work2-bedroom flat · WV3 8BA
For saleListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Buy to let investment - A top (third) floor purpose built flat located within a well maintained block of 12 flats with parking, gardens and garaging.
Washington Court is located by Bantock Park and is considered a desirable area with good local shops and schools as well as public transport into the city at hand.
The flat is to be sold with the existing tenancy in place which is in good order (details available on request).
The property has a good lease until 23 June 2159 we are advised and so represents an excellent long term investment with a peppercorn ground rent as the lease has ben extended.
Internal viewing is possible and recommended on this very tidy letting investment.
Entrance Hall Door to front elevation, intercom, laminate flooring, ceiling light point, electric storage heater, storage cupboard housing hot water tank and doors leading to:- Kitchen 3.37m x 2.54m - 11'1” x 8'4” uPVC double glazed window to front elevation, ceiling light point, part tiling to walls, rolled edge work surfaces, wall and base units, space for cooker, washing machine and under counter fridge/freezer, one and half bowl stainless steel sink unit and laminate flooring.
Living Room 4.56m x 4.24m - 14'12” x 13'11” uPVC window to front elevation, ceiling light point, laminate flooring, electric storage heater and door leading to:- Inner Hall Ceiling light point, laminate flooring, storage cupboard and doors leading to:- Bedroom One 4.43m x 3.6m - 14'6” x 11'10” uPVC window to front elevation, ceiling light point and laminate flooring.
Bedroom Two 3.6m x 1.45m - 11'10” x 4'9” uPVC double glazed window to side elevation, ceiling light point and laminate flooring.
Bathroom Tiled flooring, part tiling to walls, extractor fan, three-piece white suite comprising off: - panelled bath with electric shower over, pedestal wash hand basin and low flush W.C Garage (Not Measured) A single garage with manual up and over door.
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.
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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
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FAQ
About Flat 3, Washington Court, Finchfield Road West, Wolverhampton
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