2-bedroom flat · DY8 1BN
Sold STCListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained two bedroom apartment in this lovely retirement development of Webb Court.
Positioned on the first floor, the apartment is accessed via lift and is located at the front of the development.
Comprising a welcoming entrance hall with large storage cupboard and intercom, through to the spacious living room offering space for dining furniture and glass double doors into the kitchen.
The main bedroom boasts fitted wardrobes, the second offers flexibility for a family member or friend to stay and the house bathroom completes the accommodation.
Located just a short distance away from the high street, residents can easily access the local amenities on foot.
Stourbridge Town Centre also offers public transport options with the bus station and tram giving a direct link to Stourbridge Junction Train Station.
For those who drive, there is a residents car park with spaces on a first come first serve basis.
To arrange a viewing appointment of this beautifully presented apartment, please contact our Hagley branch.
Approach - Approached via residents driveway with parking spaces available, well maintained grounds and secure entry access via key fob.
Communal Living Area - A communal living area to enjoy with other residents. Laundry - With white goods available. Entrance Hall - With electric storage heater, large store cupboard and intercom.
Doors lead to: Living Room - 3.3 max 2.6 min x 5.7 max 1.7 min (10'9" max 8'6" - With double glazed window to front, electric storage heater and feature fireplace.
Glass double doors lead through into the kitchen. Kitchen - 1.7 x 2.7 (5'6" x 8'10") - With double glazed window to front, wall heater and fitted wall and base units with worksurface over.
There is a stainless steel sink, AEG hob with extractor fan overhead and integrated appliances include an oven, fridge and freezer.
Bedroom One - 2.8 max 1.1 min x 5.3 max 4.7 min (9'2" max 3'7" m - With double glazed window to front, electric storage heater and fitted wardrobes for storage with mirrored doors.
Bedroom Two - 2.7 max 1.6 min x 3.4 max 2.7 min (8'10" max 5'2" - With double glazed window to front and electric storage heater. Bathroom - With wall heater, tiled walls, vanity sink, w.c.
and fitted bath with hand held shower over. Tenure - Leasehold - Reference to the tenure of a property are based on information supplied by the seller.
We are advised that the property is Leasehold, ground rent and other charges may be payable. A buyer is advised to obtain verification from their solicitor.
We are advised that the lease is a 125 year lease from 1st of November 2005 . The ground rent is £460 and the annual service charge is £5,089.98.
Council Tax - Tax band is D Money Laundering Regulations - In order to comply with Money Laundering Regulations, from June 2017, all prospective purchasers are required to provide the following - 1.
Satisfactory photographic identification. 2. Proof of address/residency. 3. Verification of the source of purchase funds.
In the absence of being able to provide appropriate physical copies of the above, Grove Properties Group reserves the right to obtain electronic verification.
Referral Fees - We can confirm that if we are sourcing a quotation or quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process.
You should be aware that we could receive a maximum referral fee of approximately £175 should you decide to proceed with the engagement of the solicitor in question.
We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business.
The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.
We can also confirm that if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements.
You should be aware that we receive a referral fee from Infinity for recommending their services.
The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee.
On average the referral fees that we have received recently are £218 per case.
The same also applies if we have introduced you to the services of our panel of surveyors who we are confident will provide you with a first class service relevant to your property needs.
We will again receive a referral fee equivalent to 10% of the fee that you pay capped at £200.00 This referral fee does not impact the actual fee that you would pay had you approached any of the panel of surveyors directly as it is paid to us as an intermediary on the basis that we save them significant marketing expenditure in so doing.
If you have any queries regarding the above, please feel free to contact us.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Drury Lane, Stourbridge
Explore nearby