2-bedroom flat · WS11 7JY
Sold STCReduced £500 (−0.3%) on 26 JulListed 100 days
Opportunity summary
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About
Chariot Estates are pleased to market this modern and beautifully presented two-bedroom second floor apartment located on Hobby Way in Cannock.
This property offers a contemporary living experience with a well-thought-out layout, making it ideal for both first-time buyers and those looking to downsize.
Upon entering, you will find a spacious reception room that provides a warm and inviting atmosphere, perfect for relaxing or entertaining guests.
The apartment features two comfortable bedrooms, with the master bedroom benefiting from an en-suite bathroom, ensuring privacy and convenience.
The second bathroom is well-appointed, catering to the needs of family and guests alike.
The property is situated close to the popular McArthur Glen shopping outlet, offering a variety of shops and dining options just a short distance away.
Additionally, the apartment comes with allocated parking at the rear, providing ease for your vehicle. Do not miss the chance to make this charming apartment your new home.
Entrance Hallway Having a door to an airing cupboard, access to the roof void with a drop down ladder and further doors into: Spacious Open Plan Kitchen/Diner (6.55m x 4.03m) Kitchen Area Having a range of wall mounted and base units, work surfaces, inset sink and drainer, integrated electric oven with hob and extractor over, integrated fridge/freezer, space for a washing machine and slimline dishwasher and splash back tiling.
Spacious Lounge Area Having a Juliet balcony to the side and two electric radiators.
Bedroom One (3.78m x 2.89m) Having a double glazed window to the side, electric radiator and a door to: En-Suite Having a shower cubicle, low level flush W.C, pedestal wash hand basin, electric radiator and a double glazed window to the rear.
Bedroom Two (2.89m x 2.81m) Having a double glazed window to the side and an electric wall heater.
Bathroom Being of a white suite having a panelled bath, electric shower over, low level flush W.C, pedestal wash hand basin, radiator and an extractor fan.
Rear Parking Having an allocated car park space with visitor parking.
Disclaimer Tenure: Leasehold, 105 years left, £150 a year ground rent, £1,228.91 per year tbc officially with solicitors Due to legislation we are required to carry out anti money laundering checks on all potential buyers and their giftors at a non-refundable fee of £48 inc of VAT We endeavour to make our details as accurate as possible and hold no liability for any mis-guidance which may occur.
Viewing: Strictly via Chariot Estates on e-mail: Website:
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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FAQ
About 33, Hobby Way, Cannock
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