2-bedroom flat · WV6 8HB
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extremely well appointed second floor apartment providing spacious accommodation situated in a sought after location just off Mill Lane on the border of Tettenhall Wood and Wightwick.
17 Grosvenor Court is well served by a wide range of amenities including shops, schools and access to public transport with the wider amenities of Tettenhall Wood and Compton Shopping Centre all within easy reach.
The property is well maintained by the current owner and features accommodation comprising entrance hall, open plan living/dining room, kitchen, two double bedrooms and shower room.
The property also benefits from a garage. Outside - Grosvenor Court stands within communal grounds which are well maintained with sweeping lawns and ample parking.
There is a garage set within a detached block. Entrance Hall - Two useful storage cupboards, oil radiator, sliding door to the kitchen and an opening to the open plan living/dining area.
Open Plan Living/Dining Area - 5.25m x 3.86m (17'2" x 12'7") - Double glazed window, oil radiator and door to the inner hallway.
Kitchen - 3.17m x 2.09m (10'4" x 6'10") - Double glazed window, tiled floor, ceiling down lighters and fitted wall, drawer and base units with roll edge work surfaces over incorporating a 1½ sink and drainer unit with mixer tap.
There is a built in electric oven with induction hob adjacent, built in microwave and integrated appliances including a dishwasher and washing machine with further space for a fridge freezer.
Inner Hallway - Storage cupboard and doors to bedroom one, bedroom two and shower room. Bedroom One - 3.43m x 2.85m (11'3" x 9'4") - Double glazed window, oil radiator and dressing area.
Bedroom Two - 3.86m into wardrobe x 2.62m (12'7" into wardrobe x - Double glazed window, oil radiator and fitted wardrobe with sliding mirror doors.
Shower Room - Double glazed obscure window, tiled floor, tiled walls, towel rail and suite comprising close couple w.c, wash hand basin with vanity unit beneath and a corner shower enclosure.
Property Information - Title - The property is understood to be leasehold with a lease term of 125 years from 14th May 2014.
We understand that the most recent annual service charge was £1,320.00 and the annual ground rent is £0.00. Services - The agents understands that mains water, electricity and drainage are available.
Council Tax - Wolverhampton City Council - Tax Band B Anti-Money Laundering Regulations - In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity. The cost of these checks is £25.00 (including VAT) for each purchaser and any giftors contributing funds.
This check is done prior to the issue of a sales memorandum. Please note that this charge is non-refundable.
Broadband - Ofcom checker shows Standard, Superfast & Ultrafast are available Mobile Coverage - Mobile data coverage is constantly changing, please use the property postcode and this link for the most up to date information from Ofcom - Ofcom provides an overview of what is available.
Potential purchasers should contact their preferred supplier to confirm availability and speed. Flood Risk - Please use this link to check the long term flood risk for an area in England -
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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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
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FAQ
About Lime Tree Avenue, Wolverhampton
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