2-bedroom terraced house · WS10 8AJ
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
30% Shared Ownership | £54,000 | A Fantastic Opportunity for First-Time Buyers.
Step onto the property ladder with this beautifully presented two-bedroom home, available to purchase on a 30% shared ownership basis.
Offering modern accommodation throughout, a private rear garden and allocated parking, this is an outstanding opportunity to own a stylish home at an affordable price.
Situated on a modern residential development in Darlaston, this superb property has been lovingly maintained by the current owners and is ready for its next chapter.
Whether you're buying your very first home or looking for a more affordable route into home ownership, this property offers exceptional value.Upon entering, you're welcomed into a bright entrance hall leading through to a contemporary fitted kitchen positioned to the front of the property, complete with ample storage and worktop space.
To the rear, the spacious lounge provides an excellent living and entertaining area, with French doors opening directly onto the private rear garden, allowing natural light to flood the room.
A useful guest WC completes the ground floor accommodation.To the first floor are two generous double bedrooms, both beautifully presented and offering excellent proportions.
The modern family bathroom is finished with a contemporary white suite comprising bath with shower over, wash hand basin and WC.
Outside, the property continues to impress with a fully enclosed rear garden, thoughtfully landscaped to provide a combination of patio seating areas and low-maintenance planting, making it ideal for relaxing, entertaining or enjoying the warmer months.
To the front, the property benefits from allocated parking. This home is offered on a 30% shared ownership basis with an asking price of £54,000.
The current monthly rent and service charge for the remaining 70% share is £342.90, making this an excellent and affordable option for buyers looking to get onto the property ladder.
Early viewing is highly recommended to fully appreciate the standard of accommodation on offer.
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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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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FAQ
About Richards Street, Wednesbury
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