2-bedroom terraced house · B49 5EH
Sold STCListed 211 days
Opportunity summary
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About
SUMMARY JUST RELEASED ** A Two Bedroom, Mid Terraced Property at Bloor Homes’ Popular Alcester Park Development ** Available to Reserve off Plan ** Flooring Included ** Allocated Parking ** Private Turfed Garden ** Shared Ownership Opportunity ** Call Now for Details DESCRIPTION Stonewater is proud to present these two and three bedroom homes for shared ownership at Bloor Homes’ popular Alcester Park development.
Alcester Park is located on the north western edge of Alcester, close by to the smaller villages of King's Coughton and Arrow.
Alcester itself is a market town of Roman origin at the junction of the River Alne and River Arrow in Warwickshire, approximately eight miles west of Stratford-upon-Avon, and eight miles south of Redditch on the Worcestershire border.
The town is noted for its historic High Street, lined with well-preserved black-and-white timber frame Tudor houses. Alcester is a thriving and popular place to work and live.
The town boasts a good range of local shops and amenities including lots of places to eat and drink.
Smaller to medium-sized businesses are well catered for by the Minerva Mill Innovation Centre which provides space for offices, workshops and start-up companies.
Please Note Please note that all sales particulars and images are for marketing and illustrative purposes only.
Plans, computer generated images and photos may contain elements which are not present upon the final completion of the property.
Dimensions Ground floor Kitchen / Dining Room - 4.20m x 3.21m (13’7” x 10’5”) Living Room - 4.81m x 3.05m (15’7” x 10’0”) First floor Bedroom 1 - 4.20m x 3.24m (13’7” x 10’6”) Bedroom 2 - 4.77m x 2.10m (15’6” x 6’8”) Service Charge & Rent £104,000 for a 40% share Open Market Value: £260,000 Monthly Rent: £357.50 Service Charge: £34.69 First Come First Serve This guidance applies to every allocation of a shared ownership home to a prospective customer.
We will ensure all prospective customers are aware of our approach when offering them a shared ownership home.
We will ensure all prospective customers are aware of the process prior to expending any cost to themselves.
When demand for our shared ownership homes outstrips the supply, it is imperative that we are clear in how we allocate and offer our shared ownership homes to prospective eligible customers.
In line with regulatory guidance, we must be open in offering our shared ownership homes on a first come first served basis.
Our first come first serve process at Stonewater is based upon: Whoever is first to register with TMP, The Mortgage People and carry out an initial, affordable assessment.
Anyone who registers after the first registration will be advised of the fact they are on a waiting list.
Should the person in front of them not proceed, they will be contacted before anyone else, subject to any priority applications.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Value & comps
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Archie refurb estimate: a Pro feature
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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