2-bedroom flat · WV5 9DQ
Sold STCListed 280 days
Opportunity summary
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About
Windmill Fold is a well presented, two bedroom, first floor apartment located at the front of the Development, with gated access, two allocated parking and visitors spaces, gas-fired central heating, double glazing and no upward chain.
Situated in the rear block, the internal accommodation briefly comprises living room, fitted kitchen with integrated appliances, two bedrooms, family bathroom and en-suite shower room.
There are communal gardens, and stunning views of the Village.
EPC: C WOMBOURNE OFFICE Location - Windmill Fold is a modern development standing at the heart of Wombourne Village centre which provides a wide variety of shops and amenities.
There are regular buses in and out of the Village serving the neighbouring town and Cities such as Wolverhampton, Dudley and Stourbridge.
There are a wealth of primary schools within the area with St Benedict’s Church of England Primary being the closest.
Description - Windmill Fold is a well presented, two bedroom, first floor apartment located at the front of the Development, with gated access, two allocated parking and visitors spaces, gas-fired central heating, double glazing and no upward chain.
Situated in the rear block, the internal accommodation briefly comprises living room, fitted kitchen with integrated appliances, two bedrooms, family bathroom and en-suite shower room.
There are communal gardens, and stunning views of the Village. Accommodation - The COMMUNAL ENTRANCE has intercom, staircase and lift to the first floor.
The ENTRANCE HALL has two storage cupboards, radiator and door into the LOUNGE.
This has a double glazed window to the front elevation, two radiators and door into the KITCHEN which is fitted with a range of wall and base units with complementary work surfaces, inset one and a half bowl and drainer with mixer tap, range of appliances integrated including dishwasher, washer dryer, fridge and freezer.
There are double glazed windows to the rear and side elevations, and a wall mounted central heating boiler.
The PRINCIPAL BEDROOM has a double glazed window to the front elevation, two fitted wardrobes, radiator and door into the EN-SUITE which comprises a walk in shower cubicle, vanity wash hand basin which also incorporated the low level WC, heated ladder towel rail, double glazed opaque window to the front elevation and tiling to the floor and walls.
DOUBLE BEDROOM 2 has a double glazed window to the rear elevation, fitted wardrobe and radiator.
The BATHROOM is fitted with a white suite which comprises bath with shower over, vanity wash hand basin with mixer tap which incorporates the low level WC.
There is a heated ladder towel rail and tiling to the walls and floor.
Outside - The Development is accessed through electronically opening metal gates, with a pedestrian side access and visitors parking.
There are allocated secured parking spaces in front of the Development with a path that leads to both the front and rear blocks and a communal garden at the rear.
We are informed by the Vendors that all mains services are connected COUNCIL TAX BAND C – SOUTH STAFFORDSHIRE COUNCIL POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the WOMBOURNE Office.
The property is SHARE OF FREEHOLD Broadband – Ofcom checker shows Standard / Superfast / 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: The long term flood defences website shows very low risk Tenure - We are advised that the property is LEASEHOLD, WITH A SHARE OF THE FREEHOLD and prospective purchasers are recommended to verify the details of the lease with their Solicitors.
The apartment is subject to a 150 year lease with 132 years remaining. There is a ground rent and service charge of £180.00 per month.
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.
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About Windmill Fold, Wombourne, South Staffordshire
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