2-bedroom terraced house · WS7 3AH
Sold STCListed 273 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*33% SHARED OWNERSHIP*Welcome to Hancox Close, a wonderful two bedroom end terrace property offering a fantastic first time purchase and great way to get on the property ladder.
Internally this well maintained home features an inviting living room, spacious modern kitchen, guest W/C and also useful downstairs storage.
Stairs lead to the first floor where you will find two generous double bedrooms and a well equipped family bathroom.
Outside is a pleasant privately enclosed rear garden and to the fore is allocated parking.Nearby amenities include a handful of shops, easily accessible transport links and also a handful of shops.
Chasewater Nature Reserve is also a stones throw away and offers charming country walks and great for those with pets.CALL NOW TO VIEW!!!!
Identity Verification Fee - We are required by law to conduct anti-money laundering checks on all those buying a property as part of our due diligence.
As agents acting on behalf of the seller, we are required to verify the identity of all purchasers once an offer has been accepted, subject to contract.
The initial checks are carried out on our behalf by Lifetime Legal .
A non-refundable administration fee of £40 + VAT (£48 including VAT) applies which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable.
Living Room 15' 2'' x 12' 1'' (4.62m x 3.68m) Window to front, stairs, door to: Kitchen Diner 8' 3'' x 15' 3'' (2.51m x 4.65m) Window to rear, door.
W/C Landing Bedroom 1 15' 3'' x 11' 1'' (4.65m x 3.38m) Two windows to rear, door to: Bedroom 2 15' 4'' x 10' 4'' (4.67m x 3.15m) Two windows to front, door to: Bathroom 7' 3'' x 6' 6'' (2.20m x 1.98m) Door to:
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
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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
Agent & docs
FAQ
About Hancox Close, Burntwood, WS7 3AH
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