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See how verdicts work2-bedroom flat · WS2 7AE
Listing removedListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Priced to sell!
Vacant & chain free leasehold 136 years remaining service charge & ground rent to be confirmed EPC C This modern two-bedroom flat presents an excellent opportunity for first-time buyers and investors alike, offered to the market chain free and vacant for immediate occupation.
Situated on the top (third) floor, the property benefits from a light and airy feel throughout, with a thoughtfully designed layout that maximises space and comfort.
The spacious lounge is enhanced by a Juliette balcony, providing an attractive outlook and plenty of natural light.
The kitchen is well-equipped and functional, complementing the overall contemporary style of the flat.
The master bedroom boasts its own en suite shower room, while a separate family bathroom serves the second bedroom and guests.
With a leasehold term of approximately 136 years remaining, this property offers long-term security and peace of mind.
The flat falls within Council Tax Band A and holds an EPC rating of C (with potential to remain at C), ensuring running costs are kept manageable.
Ideal as a first home or as a buy-to-let investment (with an estimated rental income of £900 per calendar month), this property is priced to sell and represents excellent value.
Externally, the flat benefits from a well-maintained communal environment, with allocated parking for one vehicle situated at the rear of the building.
The parking area is easily accessible and provides convenience for residents and visitors alike.
The development is set within landscaped grounds that are regularly tended, offering a pleasant setting and a sense of community.
Secure entry to the building ensures peace of mind, while the location provides easy access to local amenities, transport links and green spaces.
Whether you are seeking a comfortable home with minimal upkeep or an attractive investment opportunity, this property delivers on both counts.
Service charge and ground rent details are to be confirmed, giving buyers the chance to make informed decisions. Early viewing is highly recommended to appreciate the quality and value on offer.
A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.. 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: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
EPC Rating: C Location 188 Water Reed Grove, Walsall, WS2 7AE Parking - Allocated Parking
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 advisers 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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About 188 Water Reed Grove, Walsall
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