3-bedroom semi-detached house · WV8 2JY
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented three bedroom semi-detached property with off street parking and a delightful rear garden standing in a convenient location close to local amenities Location - Palmers Way is a small cul-de-sac standing off Lane Green Road in a sought after residential area.
The comprehensive amenities afforded by both Bilbrook , Birches Bridge and Codsall are within easy reach as are the further, more extensive amenities afforded by Wolverhampton City Centre.
The area is well served by schooling in both sectors and communications are excellent with rail services running from Bilbrook Station.
Description - 2 Palmers Way is a well presented property with a good size reception room and kitchen to the ground floor and three bedrooms and a shower room to the first floor.
The property has off street parking to the front, along with a tandem garage providing excellent storage space and a beautifully landscaped rear garden which enjoys a good degree of privacy Accommodation - A double glazed front door opens into the HALL having two storage cupboards, an under stairs cupboard and a door to the KITCHEN.
The kitchen comprises wall and base mounted units with fitted work surfaces, a stainless steel sink and drainer, an integrated oven, gas hob and dishwasher.
There is space for a fridge freezer and washing machine, a double glazed front window and a door into the LOUNGE/DINER.
The lounge is a good size with a double glazed windows to the rear elevation and a feature fireplace with an electric fire.
Stairs rise to the first floor LANDING with a built in airing cupboard housing a wall mounted gas central heating boiler.
BEDROOM ONE is a double room with fitted wardrobes and a double glazed rear window.
BEDROOM TWO is also a double room in size with a built in wardrobe and a double glazed rear window and BEDROOM THREE is a good size single room with double glazed windows to two elevations.
The SHOWER ROOM is well appointed with a walk in shower cubicle, a wash basin and WC, a heated towel radiator and a double glazed window to the front elevation.
Outside - The property sits behind a low brick wall to boundary, a shaped lawn and a DRIVEWAY providing off street parking.
There is a tandem GARAGE with ample storage space, an electric roller shutter door, an internal door to the kitchen, a double glazed window and door to the rear.
Gated side access opens into the REAR GARDEN which is beautifully landscaped having a paved patio, shaped lawn, a range of shrubbery and stocked beds.
We are informed by the Vendors that all mains services are connected COUNCIL TAX BAND C – Wolverhampton POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the Tettenhall Office. The property is FREEHOLD.
Broadband – Ofcom checker shows tbc 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 High risk
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 2 Palmers Way, Codsall, Wolverhampton, WV8 2JY
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