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See how verdicts work2-bedroom flat · WS9 8QB
For saleReduced £10k (−11.1%) on 1 AugListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom second floor retirement apartment benefiting from fully fitted shower room.
Homebell House is situated within this sort after development in the heart of Aldridge Village Centre close to local amenities including shops, banks, post office and bus stops.
Constructed by McCarthy & Stone (Developments) Ltd and comprises 70 properties arranged over 3 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Apello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accommodation Front door leads to Entrance Hall Illuminated light switch, door entry system and emergency intercom. Emergency pull cord. Storage heater.
Door to airing cupboard housing compact hot water storage heater, electric meters, slatted shelving, Two further storage cupboards. Doors off to living room, both bedrooms and bathroom.
Living Room With Dual Aspect Two windows offering dual aspect. Feature fireplace inset with electric fire. Storage heater, power points, TV aerial point, wall light points, emergency pull cord.
An archway leads to: Kitchen With Window Tiled and fitted with wall and base units with drawers, stainless steel single drainer sink unit, work tops. Space for electric cooker.
Space for tall fridge/freezer. Power points, strip light, extractor fan.
Bedroom One With Window Built in double wardrobe with hanging rail and shelf above, storage heater, wall light point, emergency pull cord, illuminated light switch, power points.
Bedroom Two With Window Door to built in wardrobe. Storage heater, wall light point, emergency pull cord, illuminated light switch, power points. Bathroom Fitted with large shower cubicle, grab rails.
Vanity unit with fitted wash hand basin, low level WC. Wall mounted electric heater, extractor fan, towel rail.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 51, Homebell House, Aldridge
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