2-bedroom flat · WV6 0PS
Sold STCReduced £10k (−10%) on 21 JunListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Leicester Street presents a two-bedroom flat offering practical, low-maintenance living, complemented by an outdoor grassed space and attached designated parking located to the rear of the building.
The front aspect overlooks Leicester Street itself.
Situated within a well-established and convenient area of Wolverhampton, this property is well suited to first-time buyers, downsizers, and investors seeking strong local connectivity and everyday convenience.
The property is arranged around a central hallway, creating an efficient layout with clear separation between living and sleeping area.
The main living space is a generously sized open-plan kitchen and lounge, designed to comfortably accommodate both relaxation and dining.
Natural light flows through multiple windows, enhancing the sense of space, while the fitted kitchen offers a good range of storage and work surfaces for everyday use.
The two bedrooms are thoughtfully positioned away from the main living area, offering a good level of privacy.
The principal bedroom provides ample room for a double bed and additional furnishings, while the second bedroom is versatile and can be used as a guest room, home office or nursery.
A centrally located bathroom is fitted with a bath, wash basin and WC, presented in a clean, practical style.
Further benefits include double glazing and electric heating, supporting comfort and efficiency throughout the year.
Externally, the property benefits from a designated parking bay positioned to the rear of the building, offering convenient off-road parking for residents.
In addition, there is an outdoor grassed communal space, providing useful outdoor area for relaxing or light use. The location is a key advantage, with a range of amenities close by.
Well-regarded schools including West Park Primary School and Wolverhampton Girls’ High School are within reach, making the area attractive for those considering education options.
A variety of supermarkets such as Sainsbury’s, Tesco and Aldi are easily accessible, while Wolverhampton city centre offers a broader selection of retail, dining and leisure facilities, including the Mander Centre and Wulfrun Shopping Centre.
Healthcare needs are well served by New Cross Hospital, located just a short drive away.
For recreation, nearby parks including West Park, along with local gyms and sports facilities, provide excellent options for leisure time.
Transport links are strong, with regular bus routes, access to the A41, A449 and M54, and Wolverhampton train station offering direct connections to Birmingham and beyond, making commuting straightforward.
This property combines space, convenience and practicality in a sought-after residential area. Early viewing is strongly recommended to appreciate the accommodation on offer.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About 126, Leicester Street, West Midlands
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