3-bedroom flat · WV6 8QF
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and surprisingly spacious three-bedroom, two-storey flat, ideally located close to the village centre and within easy reach of local amenities and transport links.
Location - 33 Upper Street is a well-positioned maisonette standing within easy walking distance of the centre of the fashionable village of Tettenhall.
There are a wide variety of facilities within the village centre itself which are ideal for everyday requirements.
The further, more extensive amenities afforded by the City Centre are within convenient travelling distance with regular bus services running along the A41 and the area is particularly well served by schooling in both sectors.
Description - 33 Upper Street comprises a three-bedroom maisonette arranged over the second and third floors of a purpose-built development, offering well-proportioned accommodation throughout.
The property is well presented and features a good-sized lounge and kitchen, three bedrooms, and a bathroom. Accommodation - A door opens into the HALLWAY with tiled flooring.
The BREAKFAST KITCHEN has wall and base mounted units, a sink and drainer, an integrated oven, hob, dishwasher and washing machine, there is space for a fridge freezer, a breakfast bar, integrated ceiling lighting and a double glazed window to the front.
The LOUNGE is a good size with integrated ceiling lights and double glazed windows to the front elevation. Stairs rise to the FIRST FLOOR LANDING with a large storage cupboard.
BEDROOM ONE is double room with built in storage cupboards and double glazed windows to the front.
BEDROOM TWO is also a double room with a built in storage cupboard and double glazed window to the front and BEDROOM THREE is a well-proportioned room with a double glazed window to the front elevation.
The BATHROOM comprises a bath with a shower over, WC, wash basin, airing cupboard and a double glazed front window.
Outside - The development stands within well maintained grounds with lawns and stocked borders, off road parking and there is an allocated store.
Lease Details - The lease is held on a term on 125 years from 1st April 2005 having approximately 104 years unexpired. There is a service charge of £940.67 per annum and ground rent of £10 Per annum.
We are informed by the Vendors that all mains services are connected COUNCIL TAX BAND B – Wolverhampton POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the Tettenhall Office. The property is LEASEHOLD.
Broadband – Ofcom checker shows Standard, Superfast and Ultrafast are available Mobile data coverage is constantly changing, please use the property postcode and this link for the most up to date information from Ofcom: Ofcom provides an overview of what is available, potential purchasers should contact their preferred supplier to check availability and speeds.
The long term flood defences website shows very low risk.
Value & comps
No previous sales on record.
Returns
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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 33 Upper Street, Tettenhall, Wolverhampton, WV6 8QF
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