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See how verdicts work1-bedroom flat · WS1 1JL
Listing removedListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ILove homes® are offering for sale this well presented property comprising a spacious open plan living/dining room/kitchen, double bedroom and bathroom.
There is lift access throughout the building and an allocated parking space.
The property is ideally suited for investors and should expect to achieve somewhere in the region of £750 per calender month with an anticipated yield of somewhere in the region of 18% (before deductions).
Situated in the heart of Walsall town centre, the property is close to a wide range of amenities, including supermarkets, shops, restaurants and pubs.
Excellent transport links can be found from Walsall railway station, the A4148, A461 and the M6. For viewings, contact iLove homes in the first instance.
Communal Entrance having front door with intercom system providing access to the communal entrance with stairs and lift to all floors.
Entrance Hall having ceiling light point, power points and doors off to all rooms.
Open-Plan Lounge/Kitchen and Diner 19' 5" x 12' 6" (5.91m x 3.81m) having 3 windows to front elevation, ceiling light point, power points, wall mounted heater, a modern kitchen comprising of wall/base units with worktops over, inset stainless steel sink with mixer tap over, integrated hob with extractor over, integrated oven, integrated fridge/freezer and ample space for further appliances.
Double Bedroom 12' 2" x 11' 8" (3.70m x 3.55m) having 3 windows to front elevation, ceiling light point, power points and wall mounted heater.
Bathroom having ceiling light point, a matching suite comprising of panelled bath with taps/thermostatic shower over, wash hand basin, low flush WC and complimentary tiling to walls.
Viewings Viewings are strictly by appointment only Tenure We are advised by the seller that the property is leasehold with approximately 113 years remaining on the lease.
We have not sought to verify the legal title of the property, we would urge buyers to obtain verification from their solicitor.
We have been advised that the property may only be suitable to cash buyers. Lease is approximately 113 years remaining Ground rent £200 per annum Service Charge is approximately £120.00 per month.
In the most recent financial year a levy was attached to the charges to cover for roof repairs. The levy was £3,500 and has already been paid by the current owner.
Measurements All measurements are approximate and are supplied for guidance only, as such they must not be considered to be entirely accurate Money Laundering Regulations Prospective purchasers will be asked to produce photographic identification and proof of residency once a deal has been agreed in principle.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 111 Tameway Plaza, Bridge Street, Walsall
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