3-bedroom house · DY10 3TS
Sold STCReduced £5k (−3.8%) on 8 OctListed 181 days
Opportunity summary
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About
A circa 1950 semi detached home offering scope to improve with generous living space, mature garden and off road parking.
Description This semi detached home, dating from around 1950, offers a well balanced layout with scope for improvement.
The ground floor includes a generous living room with central fireplace and a separate kitchen opening to the garden. Upstairs there are three bedrooms served by a bathroom and separate WC.
Outside, the rear garden is mainly laid to lawn with mature shrubs and a paved path, while the driveway to the front offers off road parking.
• A semi detached home offering three bedrooms and the opportunity for a full r renovation project. • Generous living room with a feature fireplace and wide window.
• Mature rear garden with lawn, paved path and established planting. • Driveway providing ample off road parking and easy access to the entrance.
• Situated within an established residential area of Cookley close to village amenities and transport links.
The kitchen Providing a practical space for day to day cooking, the kitchen is fitted with base and wall cabinets and a stainless steel sink.
A back door leads directly to the garden and a window above the sink offers a pleasant outlook. The room connects to the hallway and the living room.
The living room Providing ample space for both seating and dining, the living room forms the main reception area of the home.
A central fireplace creates a focal point and dual aspect windows bring in ample light.
The room has an open link to the kitchen and a doorway to the hallway, making it a versatile space for everyday living.
The primary bedroom Designed as the principal sleeping space, the primary bedroom offers generous proportions and flexibility for bedroom furniture.
A wide window provides an outlook over the front and allows the room to feel open. Its location on the first floor ensures easy access to the bathroom and other bedrooms.
The second bedroom This second bedroom provides a comfortable double or twin room suited to a variety of uses. A window overlooks the rear garden.
Its rectangular layout allows for flexible positioning of furniture and it sits adjacent to the bathroom.
The third bedroom Suited to use as a single bedroom or home office, the third bedroom completes the first floor accommodation. A window looks to the front of the home.
Despite its compact size it offers functional sleeping or work space within close reach of the landing.
The bathroom Serving the first floor, the bathroom includes a panelled bath with twin taps and a pedestal wash basin.
A frosted window provides natural light and privacy while wall tiling surrounds the bath. A separate WC adjoins the room for convenience.
The garden At the rear, the garden offers a generous outdoor space with a lawn bordered by mature shrubs and trees.
A paved path runs through the lawn and established hedging and fencing define the boundaries. A shed provides useful storage for garden equipment.
The driveway and parking To the front of the property, a concrete driveway provides off road parking for two vehicles.
A gravelled foregarden sits behind a timber fence and a canopy shelters the entrance door. Agent note The property is constructed using non-traditional pre cast reinforced concrete.
Prospective buyers are advised to consult their lender regarding mortgage availability due to its construction type.
Location Location Cookley is a well established village close to Kidderminster and enjoys a range of local amenities including shops, public houses and recreational facilities.
The surrounding area offers attractive walks along the canal and through nearby countryside.
Schools for all ages are available in the locality and regular public transport links provide access to neighbouring towns and the wider West Midlands.
Cookley benefits from easy road connections to major routes, making it a convenient base for commuting while retaining a village atmosphere.
Services Services The property benefits from mains gas, electricity, water and drainage. Broadband Speed Ultrafast broadband available.
Download speeds up to 2300 Mbps and upload speeds up to 2300 Mbps source Ofcom checker. Mobile Coverage Likely available from EE O2 Three and Vodafone source Ofcom checker.
Flood Risk Long term forecast According to the Environment Agency long term flood risk data, the property is currently at very low risk for river and surface water flooding.
Fees Reservation Fee - refundable on exchange A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract.
The fee will be reimbursed upon the successful Exchange of Contracts.
The fee will be retained by Andrew Grant in the event that you the Buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons: 1.
Any significant material issues which individually are more than 1% of the agreed purchase price and are highlighted in a survey and were not evident or drawn to the attention of you, the Buyer, prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title. 3.
Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain. 4.
The vendor withdrawing the property from sale. The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over.
This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.
Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained.
For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property.
The reservation fee will not be refunded where there is an inability on the part of the Buyer to raise any required mortgage after the Memorandum of Sale is completed.
Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained.
A further fee will be levied on any subsequent reduced offer that is accepted by the vendor.
This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.
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 18, Elm Place, Kidderminster
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