Modern Method of Auction
Auction date not yet published
3-bedroom house · WS11 6DQ
For saleListed 257 days
Opportunity summary
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About
Summary ** calling all investors** Offered with a long established tenant in situ. A fantastic opportunity to extend your porfolio, earning income with immediate effect.
Connells estate agents are pleased to market this Semi-Detached property located in Cannock.
Description Connells estate agents are pleased to market For Sale this Semi-Detached property located in Cannock. An excellent investment opportunity!
Offering this three-bedroom semi-detached property boasting practical living space throughout. The accommodation comprises a lounge, fitted kitchen, wet room and guest WC.
Externally, the property benefits from front and rear gardens, a driveway providing off-road parking and a garage.
The property is well located to provide easy access to Cannock Town Centre offering a wide range of amenities, small businesses and traditional markets with both local & national bus and train services available.
The location also benefits from being just a few minutes away from well known Cannock Chase, loved for its outstanding natural beauty, scenic landscapes, wildlife and history.
Commuter benefits include A460, A5 and M6 toll road linking the midlands motorway network. Auctioneer's Comments This property is offered through Modern Method of Auction.
Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Ground Floor Entrance Hallway Having a double glazed front entrance door, ceiling light point, carpeted flooring, stairs to first floor and doors to kitchen, lounge and guest WC Lounge 10' 8" x 18' 8" ( 3.25m x 5.69m ) Having a double glazed window to the front aspect, radiator, ceiling light point, laminate flooring, door to the kitchen and double glazed patio doors to the rear garden Kitchen 12' 8" x 10' 7" ( 3.86m x 3.23m ) Being a fitted kitchen with a range of wall, base and drawer units with laminate work surfaces over and having a sink/drainer, plumbing for the washing machines, space for appliances, tiled splash-backs, radiator, ceiling spotlights, extractor hood, tiled flooring and a double glazed window to the rear aspect Guest W.C Having a double glazed window to the front aspect, WC, wash hand basin, ceiling light point and laminate flooring First Floor Landing Bedroom 1 10' 7" recess x 9' ( 3.23m recess x 2.74m ) Having a double glazed window, radiator, ceiling light point and carpeted flooring Bedroom 2 10' 4" x 10' 9" ( 3.15m x 3.28m ) Having a double glazed window, radiator, ceiling light point and carpeted flooring Bedroom 3 9' 6" x 7' 5" ( 2.90m x 2.26m ) Having a double glazed window, radiator, ceiling light point and carpeted flooring Bathroom/Wet Room Having a double glazed window, WC, wash hand basin, walk in shower, tiled walls, vinyl flooring and ceiling light point Outside Front Having a tarmac driveway, paved pathway to front entrance door, laid to lawn, gated access to the rear garden and access to garage Rear Having a paved patio area, laid to lawn and a variety of shrubs and trees Garage Having up & over door 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
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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 2, Fircroft Close, Cannock
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