Modern Method of Auction
Auction date not yet published
3-bedroom house · WS12 2EW
For saleReduced £20k (−10%) on 2 SepListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**for sale by modern method of auction** traditional semi detached property ** large workshop at the rear with potential ** large lounge diner ** dining room ** breakfast kitchen ** three double bedrooms ** large family bathroom ** parking at the rear ** excellent school catchments ** ideal for local shops and amenities ** excellent transport links ** Webbs Estate Agents are pleased to offer for sale a large traditional semi-detached home, within excellent school catchments, ideal for local shops and amenities, with excellent transport links and brimming with potential.
In brief consisting of an entrance porch leading into the large lounge which measures 25'4 x 14'6 with stairs to the first floor and a door to the large dining room and breakfast kitchen.
To the first floor there are three double bedrooms and large family bathroom, externally the property has a large workshop/garage at the rear which could be taken down if you want a larger garden or extra parking, viewing advised to fully appreciate the size of the accommodation on offer.
Entrance Porch Large Lounge (7.72 x 4.42 (25'3" x 14'6")) Dining Room (4.62 x 3.48 (15'1" x 11'5")) Breakfast Kitchen (3.48 x 2.79 (11'5" x 9'1")) Landing Bedroom One (4.67 x 3.53 (15'3" x 11'6")) Bedroom Two (3.71 x 3.58 (12'2" x 11'8")) Bedroom Three (4.67 x 2.79 (15'3" x 9'1")) Bathroom (3.48 x 2.79 (11'5" x 9'1")) Workshop/Garage (9.19 x 5.00 (30'1" x 16'4")) 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 £46.00 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.
Auctioneer Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
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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 starting price
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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
FAQ
About 155, Wimblebury Road, Heath Hayes, Cannock
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