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See how verdicts work1-bedroom flat · WV5 0AR
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a ground floor apartment situated in one of the oldest buildings in Wombourne. There is an allocated parking space and use of the communal gardens.
The internal accommodation briefly comprises entrance hall, lounge, kitchen, double bedroom and bathroom. There is double glazed, central heating and an extended lease.
The property is sold with no upward chain and is in need of updating.
EPC: D WOMBOURNE OFFICE Location - Nailors Row is a small collection of period properties situated on Giggetty Lane, close to Blakeley shops and the Church of the Venerable Bede.
There are regular buses from Common Road which gives access to the neighbouring towns as well as Wombourne Village. Blakeley Heath Primary School is within walking distance.
Description - This is a ground floor apartment situated in one of the oldest buildings in Wombourne. There is an allocated parking space and use of the communal gardens.
The internal accommodation briefly comprises entrance hall, lounge, kitchen, double bedroom and bathroom. There is double glazed, central heating and an extended lease.
The property is sold with no upward chain and is in need of updating.
Accommodation - The ENTRANCE HALL has a UPVC double glazed door, fitted storage cupboard, radiator and double glazed window to the front elevation.
The LOUNGE has double glazed windows to the rear and side elevation, gas fire with surround and radiator.
The KITCHEN is fitted with a range of wall and base units with complementary work surfaces, inset one and a half sink and drainer, wall mounted central heating boiler, space for appliances including oven, fridge freezer and plumbing for a washing machine.
There is a double glazed window to the rear elevation. The DOUBLE BEDROOM has a double glazed window to the rear elevation and radiator.
The BATHROOM has a bath with screen over, low level WC, pedestal wash hand basin with mixer tap, double glazed opaque window to the rear elevation and tiled walls.
Outside - The property is accessed along a private driveway with allocated parking, lawns and seating areas. The access to the apartment is from the rear parking area.
Leasehold - The apartment is subject to a 999 year lease with a commencement date of 16/08/2017.
There is a maintenance charge of £20 per calendar month which is for external maintenance of communal areas but not buildings insurance.
We are informed by the Vendors that all mains services are connected COUNCIL TAX BAND A – South Staffordshire POSSESSION Vacant possession will be given on completion.
VIEWING - Please contact the WOMBOURNE Office.
The property is LEASEHOLD Broadband – Ofcom checker shows Standard / Superfast / Ultrafast are available Mobile data coverage is constantly changing, please use the property postcode and this link for the most up to date information from Ofcom: The long term flood defences website shows very low risk
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 1 Nailors RowGiggetty LaneWombourneWolverhamptonSouth Staffordshire
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