2-bedroom semi-detached house · WV11 1TP
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GENEROUS PLOT ** POTENTIAL FOR EXTENSION (STP) ** TWO DOUBLE BEDROOMS ** MODERN KITCHEN AND BATHROOM ** OFF ROAD PARKING FOR SEVERAL CARS ** CONVENIENT LOCATION ** CLOSE TO SHOPS, SCHOOLS AND NEW CROSS HOSPITAL ** This well presented property is situated within easy access to all local ameneties, road networks, schools and New Cross Hospital.
It is a perfect buy for a first time buyer or a buy to let investor and sits on a bigger than average plot with scope to extend both sides (STP) The driveway has space for several cars and potentially a caravan or mobile home if needed, The lounge has lots of natural light with modern decor providing a lovely setting for a cosy evening.
The kitchen diner has ample space for a table for family dining and benefits from a fully fitted kitchen with gas hob, electric oven and integrated dishwasher.
There is also access to the back garden providing a great space for entertaining.
With a more than generous garden there is space to build a wrap around extension (STP) making the house bigger if required, There is also a timber shed to the rear which would make a great home office, bar or gym.
This property is fantastic buy whatever the circumstances and Skitts recommend an early viewing to avoid disappointment.
Entrance Hall Lounge 4.08m x 3.5m - 13'5" x 11'6" Kitchen/Diner 5.05m x 1.95m - 16'7" x 6'5" Bedroom One 4.11m x 2.9m - 13'6" x 9'6" Bedroom Two 3.09m x 2.63m - 10'2" x 8'8" Bathroom BUYERS INFORMATION In line with UK anti-money laundering regulations, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity. The cost of these checks is £40 (including VAT) for each purchaser and any giftors contributing funds.
This fee is paid in advance when an offer is agreed, and prior to the issuance of a sales memorandum. Please note that this charge is non-refundable.
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
Agent & docs
FAQ
About Lichfield Road, Wolverhampton, WV11
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