2-bedroom flat · WS11 7JY
Sold STCListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovett&Co. Estate Agents are pleased to offer for sale this well presented two bedroom top floor apartment situated on a modern sought after development.
Being offered with NO CHAIN the property is perfect for first time buyers, investors or those looking to downsize.
The property features a spacious contemporary open plan living space with lounge and dining areas as well as a modern fitted kitchen.
There are also two double bedroom, modern fitted bathroom and hallway. Externally there is off road allocated parking as well as visitor spaces.
The property benefits from electric heaters and a loft with ample storage space.
The property is located in Heath Hayes, Cannock, just ten minutes from Cannock Chase, an area of outstanding natural beauty.
The property benefits from good local schooling, supermarket, post office, dentist and bus routes and rail stations all within walking distance.
Its location provides ease of access to Cannock town centre and commuter routes including A460, A5 and M6 toll road linking the Midlands motorway network.
ENTRANCE HALL: Front entrance door, intercom, carpeted flooring, wall mounted heater, airing cupboard and doors off to both bedrooms, bathroom and lounge.
LOUNGE-DINER: 22' 0'' x 18' 2'' (6.71m max x 5.53m max) Carpeted flooring, ceiling light point, wall heaters, window & Juliet balcony to front and open plan to kitchen.
MODERN FITTED KITCHEN: Range of matching wall and base units incorporating cupboards, drawers and work surfaces, inset bowl sink and drainer with mono tap, tiled splash backs, integrated and 4 ring hob with extractor fan, integrated fridge-freezer and washer-dryer, ceiling light point, recessed spot lights and window to side.
MASTER BEDROOM: 12' 6'' x 9' 9'' (3.82m x 2.97m) Fitted wardrobe, carpeted flooring, wall heater, ceiling light point, windows to rear.
BEDROOM TWO: 9' 5'' x 9' 9'' (2.87m x 2.97m) Carpeted flooring, wall heater, ceiling light point and window to rear.
FAMILY BATHROOM: White suite comprising: panel bath with electric shower over, low level flush WC, pedestal wash hand basin, vinyl flooring, ceiling light point and heated towel rail.
EXTERNALLY: One allocated parking space plus visitor spaces. VIEWING: Please contact us on if you would like to arrange a viewing appointment for this property or require further information.
DISCLAIMER: These particulars are set up as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of an offer or contract.
All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as representations or fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
No person in the employment of Lovett&Co has any authority to make or give any representation or warranty whatsoever in relation to this property.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About Hobby Way, Heath Hayes, Cannock
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