2-bedroom terraced house · WV8 1FQ
Listing removedListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
45% shared ownership Located on the highly sought-after Billars Close, this beautifully presented two-bedroom terraced home in Codsall offers modern living throughout and is perfect for first-time buyers or those looking to downsize.
The property features a spacious and inviting living room which flows seamlessly into a contemporary fitted kitchen, creating an ideal space for both relaxing and entertaining.
A convenient downstairs W/C completes the ground floor accommodation. To the rear, the property boasts a lovely enclosed garden, perfect for entertaining guests or enjoying outdoor family time.
Upstairs, there are two well-proportioned bedrooms, both offering ample storage space, along with a modern family bathroom.
Early viewing is highly recommended to fully appreciate the accommodation on offer.
Agents Notes- Shared Ownership: Share being sold - 45% Rent Payable - £423.62 per month Lease start date 21.7.2022 Lease term 125 years Remaining term 121 years Freeholder- Sparrow Shared Ownership All services are mains connected Designated parking space Mobile coverage from all four major networks available* Ultrafast broadband available* *Results provided by Ofcom and correct at time of listing
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
Agent & docs
FAQ
About 6, Billars Close, Wolverhampton
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