Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · WS3 1NP
Sold STCListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY MODERN METHOD OF AUCTION ** THREE BED MID TERRACED HOUSE ** POPULAR LOCATION** AMAZING POTENTIAL ** LIVING ROOM ** KITCHEN ** DINING ROOM ** UTILITY ROOM ** DOWNSTAIRS WC ** LEAN TO ** BATHROOM AND WC ** PRIVATE REAR GARDEN ** NO CHAIN ** BUYER FEES APPLY ** SUBJECT TO A RESERVE PRICE ** The accommodation includes a spacious and light main lounge, kitchen, dining room, lean to, WC and utility room, the first floor offers three well-sized bedrooms and a shower room.
Externally there are gardens to front and rear. Located in Bloxwich, this property offers convenient access to local amenities. Within walking distance, you'll find local shops, schools, and parks.
The property is well-connected, with easy access to Walsall town centre approximately 10 minutes by car. Public transport links are also within reach, making this an accessible location for commuters.
Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.
Entrance Porch 0.01m x 0.01m - 0'0" x 0'0" Reception hall 0.01m x 0.01m - 0'0" x 0'0" Living Room 4.55m x 3.34m - 14'11" x 10'11" Dining room 4.76m x 3.65m - 15'7" x 11'12" Kitchen 2.4m x 1.8m - 7'10" x 5'11" Lean to 3.14m x 1.98m - 10'4" x 6'6" WC 0.01m x 0.01m - 0'0" x 0'0" First Floor Landing 0.01m x 0.01m - 0'0" x 0'0" Bedroom One 4.21m x 3.56m - 13'10" x 11'8" Bedroom Two 3.56m x 2.73m - 11'8" x 8'11" Bedroom Three 3.41m x 1.84m - 11'2" x 6'0" Shower Room 0.01m x 0.01m - 0'0" x 0'0" Front garden 0.01m x 0.01m - 0'0" x 0'0" Rear Garden 0.01m x 0.01m - 0'0" x 0'0" Communal parking areas 0.01m x 0.01m - 0'0" x 0'0" Auctioneers comments 0.01m x 0.01m - 0'0" x 0'0" This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they BUYERS INFORMATION 0.01m x 0.01m - 0'0" x 0'0" In line with UK anti-money laundering regulations, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity. The cost of these checks is £30 (including VAT) for each purchaser and any giftors contributing funds.
This fee is paid in advance when an offer is agreed, and prior to the issuance of a sales memorandum. Please note that this charge is non-refundable.
AGENTS NOTE 0.01m x 0.01m - 0'0" x 0'0" PLEASE NOTE THIS PROPERTY IS OF NON STANDARD CONSTRUCTION - BUYERS ARE ADVISED TO CHECK WITH THEIR FINANCIAL ADVISOR ON SUITABILITY FOR MORTGAGE LENDING.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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

FAQ
About Mersey Road, Bloxwich, Walsall
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