2-bedroom terraced house · DY8 3AL
Under offerListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern well presented end terrace house offered to the market with NO UPWARD CHAIN.
Located in a small cul-de-sac off Mamble Road, within a short walking distance of Wollaston high street and Stourbridge town centre.
The accommodation briefly comprises: reception hall, guest cloakroom WC, well equipped kitchen to include electric oven, gas hob, extractor, fridge/freezer and washing machine and living room with double french doors leading to garden.
To the first floor there are two double bedrooms and bathroom. Benefiting from a gas central heating system and double glazing.
Outside there is parking for two cars to the front and a garden with patio area to the rear. Council tax band is TBC (Dudley), EPC grade is C, tenure is freehold.
DIMENSIONS Living Room 14'9 max x 12'6 | Kitchen 10'2 x 5'7 | Bedroom One 12'6 max x 9'8 | Bedroom Two 12'6 x 7' ________________________________ Compliance Regulations - By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee will be charged for each individual AML check conducted, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Please contact the office if you have any questions in relation to this.
Referral Fees - We can confirm that, if we are sourcing quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process, you should be aware that we could receive a maximum referral fee of approximately £180 inc VAT should you decide to proceed with the engagement of the solicitor in question.
We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business.
The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.
We can also confirm that, if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements, you should be aware that we receive a referral fee from Infinity for recommending their services.
The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee.
On average the referral fees that we have received recently are £222 per case.
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
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FAQ
About WOLLASTON - Melvyn Close
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