1-bedroom flat · WV6 9PB
Listing removedListed 277 days
Opportunity summary
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About
R&R Properties are extremely pleased to bring to the Sales Market - Stockwell, Malthouse Lane. This extremely impressive Apartment located in the heart of Tettenhall.
Location - The location is within a highly regarded area of Wolverhampton, within walking distance of Tettenhall Village and a range of excellent amenities.
The City Centre is also easily accessible as well as other commuter links. A full complement of local amenities are close at hand and there is easy access.
The area has a number of excellent schools in the local area. The apartment is further enhanced by the close proximity to the picturesque open spaces of Upper Green.
This second floor apartment definitely has the wow factor.
The interior is finished to a superb contemporary standard and boasts a stunning, high specification kitchen with plenty of room for entertaining.
The apartment comprises of: - Entrance vestibule - Reception hall - Living room - Contemporary style dining kitchen with granite worktops and integrated appliances - A double bedroom with built in wardrobes - Luxury fitted bathroom with bath and shower The apartment also benefits from the luxury of underfloor heating as well as double glazing throughout.
The location is within a highly regarded area of Wolverhampton and is within walking distance of Tettenhall Village with its range of excellent amenities.
The City Centre is also easily accessible as well as other commuter links. Accommodation - A front door opens into the HALL with an intercom, alarm, a cloaks cupboard with shelf and hooks.
There is a superb open plan LIVING DINING KITCHEN.
The kitchen has a range of wall and base units with granite work surfaces with a matching breakfast bar, a stainless steel AEG hob with an extraction fan above, under cupboard spotlights, an under mounted sink and drainer with integrated dishwasher, fridge freezer, double AEG oven and open through to the dining area.
MASTER BEDROOM This space is a large double bedroom with double glazed window to the rear, spotlights, built in wardrobes.
BATHROOM This contemporary space has a white suite with a bath, low level WC, pedestal wash hand basin, fully tiled double shower cubicle, tiled walls and flooring, heated ladder towel rail, integrated ceiling lighting and a large vanity mirror.
OUTSIDE The apartment is approached through a private entrance where there are two allocated parking spaces.
The apartment benefits from a communal rear garden which is of good size with a range of shrubbery and hedging.
There is also secure allocated storage for the apartment LEASE We are informed by the vendors that the property is leasehold on a term of 982 years are remaining.
Any prospective purchaser will own1/6th of the lease holding management company We recommend prospective purchasers to verify the details of the lease with their solicitor.
The Service Charge is combined with the Ground Rent is currently £1800 per year payable monthly (£150 per month) We recommend prospective purchasers to verify the details with their solicitors.
We are informed by the Vendors that all main services are installed. COUNCIL TAX BAND D - Wolverhampton POSSESSION Vacant possession will be given on completion. VIEWING Please contact the Tettenhall.
Call us to day to secure your viewing.
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.
Area
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FAQ
About Malthouse Lane, Wolverhampton, West Midlands, WV6
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