5-bedroom detached house · WV8 1GF
Sold STCListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a choice position in an established and sought after location this executive detached residence provides an extensively high standard of contemporary and modern living throughout which is why we strongly advise motivated and discerning buyers to view the property at their earliest convenience to truly appreciate the quality of this stunning and individually designed family home.
The property itself is placed in a sought after location on the fringe of Codsall village which has an excellent choice of independent shops, desired schools and public transport services including a local railway station thus providing convenient access to principal cities and towns including Brewood, Coven and Penkridge.
The highly maintained accommodation, which has been previously extended, is set over three floors and offers a variety of rooms including an entrance hall with WC, living room, dining area, sitting room, study / play room and a breakfast kitchen with an adjacent utility room on the ground floor.
The first floor accommodates the principal bedroom which enjoys a dressing area and en-suite, bedrooms two and three then the house bathroom whilst the second floor houses two further bedrooms and am additional shower room.
The rear garden has a paved patio area with steps leading down to a lawn surrounded by pleasant flower and shrub borders whilst parking is provided by a driveway in front of the garage.
The garage itself has been converted into a gymnasium and useful store space but is thought easily converted back to its original use if required.
EPC - C72 We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £52 (incl. VAT) for a purchase and £48 (Inc VAT) for a sale.
These costs which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.” We do not receive any of the fee taken by Lifetime Legal for its role in the provision of these checks.
We will also require confirmation of where the funding is coming from such as a bank statement with funding for deposit or purchase price and if mortgage finance is required a mortgage agreement in principle from your chosen lender.
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
Agent & docs

FAQ
About 16 Old Farm Drive, Codsall, WV8
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