2-bedroom semi-detached house · WR6 6PQ
Sold STCListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Elm – 2 Bedroom Semi-Detached Home (First Homes Scheme) The Elm is a thoughtfully designed two-bedroom semi-detached home, ideal for first-time buyers.
The property offers a welcoming entrance hallway, a modern kitchen diner, a comfortable living room, and a convenient downstairs WC.
Upstairs, there are two double bedrooms, with the principal bedroom benefiting from an en suite, while the second bedroom is served by a well-appointed family bathroom.
Externally, the property includes off-road parking.
First Homes Scheme – Eligibility Criteria This property is available under the Government-backed First Homes Scheme and is subject to a Section 106 agreement.
Buyers must meet both national and local eligibility criteria.
National Criteria: – Purchasers must be aged 18 or over – Must be first-time buyers (all purchasers if buying jointly) – Combined household income must not exceed £80,000 per year – Must secure a mortgage covering at least 50% of the discounted purchase price Local Criteria: Priority is given to buyers with a local connection to the Parish of Martley or surrounding parishes, including Clifton upon Teme, Shelsley Beauchamp, Shelsley Walsh, Shelsley Kings, Great Witley, Hillhampton, Little Witley, Wichenford, Kenswick, Broadwas, Cotheridge, Doddenham and Knightwick.
A local connection may include: – Living in the area for a qualifying period – Having close family who are long-term residents – Permanent employment within the parish – Other special circumstances (subject to approval) After the initial marketing period, if no eligible buyer is secured, the property will be opened to applicants meeting national criteria only.
All applications are subject to approval, and prospective purchasers will need to complete the necessary application process in conjunction with their mortgage advisor.
*Please call us to find out how to apply and for guidance on mortgage advice.
*Some images may include CGI and might not be of the same house type or the same specification of the property which is being advertised.
Living Room 14' 7" x 9' 11" Kitchen/Dining 14' 7" x 10' 10" WC 5' 11" x 3' 1" Bedroom One 10' 4" x 11' 0" Ensuite 6' 3" x 7' 3" Bedroom Two 14' 7" x 9' 11" Bathroom 6' 3" x 7' 3" Tenure: Freehold
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 36 Martley Fields, Martley, Worcestershire, WR6
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