1-bedroom flat · B49 5HJ
Sold STCListed 88 days
Opportunity summary
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About
** New 125 year Lease ** Own Private Entrance ** First floor apartment on Seggs Lane, Alcester, offered for sale with no onward chain and a new 125-year lease on completion.
Benefiting from its own private entrance, the property includes a spacious lounge/dining room, separate kitchen, double bedroom with built-in wardrobes and a bathroom with shower over bath.
Further features include gas central heating, useful internal storage, communal gardens, a brick-built outdoor store and communal parking to the front.
Conveniently located for access to Alcester town centre and local amenities.
Hall - Lounge/Diner - 5.01m x 3.46m (16'5" x 11'4") - Kitchen - 2.11m x 3.33m (6'11" x 10'11" ) - Bedroom - 3.42m x 3.04m (11'2" x 9'11") - Bathroom - 2.11m x 2.03m (6'11" x 6'7") - This first floor apartment on Seggs Lane, Alcester is offered for sale with no onward chain and will be sold with a new 125-year lease.
Extending to approximately 523 sq. ft., the property provides a practical and well-arranged layout suited to a range of buyers.
The apartment is accessed via its own private entrance door, leading into an entrance landing which creates a sense of privacy and independence.
From here, the accommodation opens into a spacious lounge/dining room, forming the main living area of the home.
The room comfortably accommodates both seating and dining furniture, offering a flexible space for everyday living.
The kitchen is set separately from the living area and provides a good range of units and work surfaces, arranged to make efficient use of the space.
An inner hall leads to the remaining accommodation and incorporates a useful storage cupboard. The bedroom is a comfortable double and benefits from built-in wardrobes, providing practical storage.
The bathroom is fitted with a suite comprising a bath with shower over, wash hand basin and WC.
Outside, there are communal gardens to the rear of the building along with a brick-built store, ideal for additional storage. Communal parking is situated to the front.
Benefiting from gas central heating and a straightforward layout, this apartment represents a solid choice for first-time buyers, downsizers or investors, conveniently positioned for access to Alcester town centre and its range of shops and everyday amenities.
Value & comps
No previous sales on record.
Returns
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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.
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