2-bedroom flat · DY8 3TD
For saleReduced £10k (−6.7%) on 1 SepListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground floor flat on Enville Street offers convenient and comfortable living, making it an ideal choice for buyers.
The property features a welcoming entrance hall with storage cupboard, two well proportioned double bedrooms, and a modern shower room accompanied by a separate WC.
A good-size living room and fitted kitchen with a back door that opens directly onto the communal gardens.
Additional benefits include communal washing lines and communal parking, all set within a well-maintained residential area.
With the added advantage of no upward chain, this is a fantastic opportunity in a desirable Stourbridge location. Early viewing is highly recommended. Tenure: Leasehold.
Lease term: 125 years from 3 September 2001, Service charge: Approx. £1400 per year, Ground rent: Approx. £10 per year, Construction: Standard (purpose built). Services: All mains.
Broadband/Mobile coverage: Visit: Council Tax Band A. EPC tbc.
By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £40 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Please contact the office if you have any questions in relation to this.
Entrance Hall - 5.11m x 1.73m (16'9" x 5'8") At widest points Storage Kitchen - 4.44m x 2.46m (14'7" x 8'1") At widest points Living Room - 4.75m x 4.09m (15'7" x 13'5") At widest points Bedroom One - 4.42m x 2.64m (14'6" x 8'8") At widest points Bedroom Two - 3.78m x 2.67m (12'5" x 8'9") At widest points Shower Room - 1.75m x 1.27m (5'9" x 4'2") At widest points WC - 1.68m x 1.42m (5'6" x 4'8")
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 157a, Enville Street, Stourbridge
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