2-bedroom bungalow · WV9 5AD
Sold STCListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* A Charming Two Bedroom Semi-Detached Bungalow located in the Highly Sought After Village of Coven * Entrance Hall * Spacious 18ft Length Lounge with Gas Fire and Patio Doors Providing Access to Rear Garden * Galley Kitchen with Built-In Appliances and External Access * Principle Bedroom with Built-In Wardrobes * Further Double Bedroom * Shower Room with Under Floor Heating * Boarded Loft Space * Double Length Detached Garage * Mature and Well Maintained Rear Garden with Patio Area * Gated Carport * Generous Driveway with Ample Parking * No Onward Chain * Situated within the sought-after village of Coven, School Lane enjoys a pleasant semi-rural setting whilst remaining conveniently close to a wide range of everyday amenities.
The village itself offers a selection of local shops, traditional pubs and useful community facilities, creating an ideal environment.
Further comprehensive shopping and leisure amenities can be found in nearby Wolverhampton, Cannock and Penkridge.
This well-positioned bungalow benefits from excellent transport links, making it ideal for a range of buyers.
Regular bus services operate nearby, providing convenient access to Wolverhampton, Stafford and surrounding villages, whilst local motorway connections offer straightforward commuting throughout the Midlands.
Rail services can also be found at Wolverhampton and Penkridge stations, both within easy driving distance, offering direct links to Shrewsbury, Birmingham and further afield.
Property Services Freehold EPC - D Council Tax Authority - South Staffordshire Council Tax Band - B Flood Risk - Very Low Mobile Network Coverage O2 - 88% EE - 87% Three - 81% Vodaphone - 74% Broadband Network Coverage Standard - 17 Mbps Superfast - 80 Mbps Ultrafast - 8000 Mbps Utilities Mains Water Mains Electricity Mains Gas Mains Drainage WhatThreeWords - ///placed.energy.rings
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 School Lane, Coven
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