2-bedroom house · WV6 8PR
Sold STCListed 695 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A particularly well situated two bedroom, corner second floor apartment with balconies to the rear and side of the lounge in this prestigious retirement development for the over 70s.
Location - Thorneycroft is situated mid-way between Tettenhall and Tettenhall Wood with some local shopping facilities located in Tettenhall Wood and a comprehensive range of shops and other amenities around Tettenhall Green which is within easy reach.
Description - Thorneycroft is a McCarthy & Stone development adjoining the grounds of Tettenhall College and with all the facilities and amenities for which this developer is justly renowned.
It is situated on the second floor with access either by stairs or lift and is in a corner position so there are balconies on two sides, one of which overlooks the woodland at the rear and the other some of the sports facilities of the Tettenhall College.
It is well equipped and appointed including double glazing and underfloor central heating.
On Site Amenities - There is a superb on site Bistro next to the communal lounge which provides a lovely social area for all the guests to enjoy without leaving the building.
There is a guest suite which can be used by visiting family or friends and an on site laundry which the residents can use themselves or ask for assistance from the care team.
Thorneycroft offers assistance care around the clock which includes help with taking medication, getting dressed or support following a hospital visit.
They can also take you to the shops, help changing the bed or even take you to the theatre.
The service charge includes one hour's domestic assistance every week and additional help can be paid for from as little as 15 minutes at a time so you only pay for the help you need.
Accommodation - A door opens into the HALL with two storage cupboards providing ample space for storage and the potential to fit a washing machine.
The GUEST CLOAKROOM has a basin and WC and the LOUNGE has two pairs of double doors to the balconies which provide fabulous views and private outdoor space.
There is a well appointed KITCHEN with stainless steel sink, a range of wall and base units, cooker, microwave, hob with chimney hood above and fridge freezer.
BEDROOM ONE has a large walk in wardrobe and a double glazed window over the rear. BEDROOM TWO is a good size double room with a double glazed window. There is a WET ROOM with a shower, basin and WC.
Outside - The apartment benefits from a wrap around balcony with views to two elevations providing private outdoor space and joint use of the landscaped communal grounds.
There is visitor parking available and residents can request a parking permit for an allocated space at approximately £250 per annum.
Lease Information - The property is held on a lease of 999 years from 1st June 2017 with a current service charge of £12,165.40 per annum and the ground rent is £255 every 6 months.
We recommend that you arrange for your solicitor to verify these details. We are informed by the Vendors that Mains water and drainage are connected and there is electric underfloor heating.
COUNCIL TAX BAND E – Wolverhampton POSSESSION Vacant possession will be given on completion. VIEWING - Please contact the Tettenhall Office. The property is LEASEHOLD.
Broadband – Ofcom checker shows Standard and Superfast are available Mobile – Ofcom checker shows one of the four main providers have likely coverage indoors with all four having likely coverage outdoors.
Ofcom provides an overview of what is available, potential purchasers should contact their preferred supplier to check availability and speeds.
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.
Area
Agent & docs
FAQ
About 52 Thorneycroft, Wood Road, Tettenhall, Wolverhampton
Explore nearby