2-bedroom terraced house · WV8 1FD
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
20 Thelwell Drive, Codsall, Wolverhampton WV8 1FD Shared Ownership : £149,950 OFFERED FOR SALE WITH NO CHAIN An opportunity to purchase an immaculately presented property in a highly sought after village location, convenient for the wide variety of local shops, amenities, schools and Codsall train station.
With great character, this property is offered for sale with 55% ownership and with the option to purchase the 100% freehold interest outright.
Applicants will need to meet certain criteria, please ask the agent for more details.
In more detail, the property comprises: THE GROUND FLOOR Entrance copy leading to the main entrance door, entrance hall opening directly to the spacious living room with views to the front and stairs rising to the first floor accommodation.
A door from the living room leads to the inner hall area having access to the guest's cloaks with WC and wash hand basin and the laundry cupboard with plumbing and spaces for washing machine and tumble dryer.
The inner hall area leads directly onto the open plan dining kitchen having matching range of floor and wall units and views to the rear. The dining area has views and access to the rear garden.
THE FIRST FLOOR Stairs from the living room rise to the landing with doors to: the spacious bedroom one with two windows to the rear garden, bedroom two with over stairs storage cupboard and two windows with views to the front, bathroom with a suite of WC, wash hand basin and panelled bath with shower over.
EXTERNAL TO THE PROPERTY Front - Having lawn with borders and double length driveway and leading to the main entrance door.
A gated side entrance leads to the garden Rear - Landscaped to patio and lawn with borders. The generous sized rear garden is privately screened by high level fencing panels.
Viewing is highly recommended to appreciate this excellent property.
Tenure : Leasehold 99 Year Lease commenced 22/11/209 Rent : £298.51 pcm Service Charge: £31.52 pcm (including buildings insurance) Heating : Gas fired Local Authority : South Staffordshire Council Council Tax Band : C EPC rating : B Please call or email us now for more details or a viewing, we take calls and respond to email requests 24 hours a day, 7 days a week You may download, store and use the material for your own personal use and research.
You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without express prior written consent of Tidmarsh Estate Agents.
Tidmarsh are members of The Property Ombudsman Redress Scheme
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 20 Thelwell Drive, Codsall WV8 1FD
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