2-bedroom flat · WV8 1FL
Sold STCListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
15 Brindley Gardens, Codsall WV8 1FL Offered for sale with NO CHAIN Occupying a choice position in one of the most convenient locations in Codsall and within walking distance of Birches Bridge Shopping Parade & Train Station, No 15 is on the first floor with views to the rear is an excellent example of its type with viewing highly recommended.
Constructed in 2018, this impressive development of retirement apartments has the benefit of lift facilities, landscaped gardens, 24hour emergency call system, homeowners lounge with Wi-Fi, guest suite for visitors and on site house manager.
Decorated to a particularly high standard throughout and perfect for buyers requiring a home ready to move into, this beautifully presented apartment includes entrance hall with useful srotage / laundry cupboard, luxury shower room, 23ft open plan living room with dining area & Juliette balcony and fitted kitchen with a number of built in appliances.
There are two double bedrooms with the master having a walk in wardrobe and ensuite bathroom.
Designed with maximum space in mind and providing practical living accommodation, the apartment also has the benefit of double glazing, air circulation system & underfloor heating.
Externally the development is surrounding by beautifully landscaped gardens including a large patio with table & chairs for exclusive residents use and a gated resident's car park.
Tenure: Leasehold Leasehold Details: 999 year lease from the 1st June 2017 Service Charge: £337.93per month Ground Rent: £495.00 per annum Council Tax: Band B - South Staffordshire EPC Rating: Total Floor Area: 754.1 sq feet (70.1m) Approx.
No Upward Chain Services: We are informed by the Vendors that all main services are installed
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 15 Brindley Gardens, Codsall, WV8 1FL
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