2-bedroom flat · WV12 5BG
Sold STCListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom flat, ideally situated within Lichfield House on the popular Lichfield Road in Willenhall.
This property is being offered to investors only, with a tenant in situ, providing an attractive net yield of approximately 6% and a ready-made addition to any buy-to-let portfolio.
The accommodation comprises a bright and spacious living area with Juliette balcony, two well-proportioned bedrooms, a fitted kitchen, and a modern bathroom.
The layout is practical and low maintenance, making it well-suited for long-term letting.
The location provides excellent transport links with easy access to Wolverhampton, Walsall, and the wider West Midlands via the M6.
Local amenities, public transport connections, and everyday conveniences are all within walking distance, further enhancing its appeal to tenants.
With rental demand in the area remaining strong, this property represents a straightforward, income-generating investment opportunity.
The existing tenancy ensures continuity of income, minimising void periods and offering investors immediate returns. Enquire today to secure this turnkey buy-to-let opportunity.
Financial Breakdown Gross Rent: £9,300.00 Net income: £6,510.00 Gross yield: 8.45% Net yield: 5.92% Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08401
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
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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.
Area
Agent & docs
FAQ
About Lichfield House, 232 Lichfield Road, Willenhall, Walsall, WV12 5BG
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