7 Carver Court, Wake Green Road, Tipton, West Midlands, DY4 0AT
Marketed by:
Auction House National Online
Newmarket Road, Cringleford, Norwich NR4 6UE, UK
020 7625 9007
Two-Bedroom Leasehold Flat in Tipton
7 Carver Court, Wake Green Road, Tipton, West Midlands, DY4 0AT
For Sale
£60,000+
• 2 Bedrooms
• Flat
• Leasehold
Description
A spacious two-bedroom first-floor Flat for sale, situated in the highly sought-after area of Tipton. The accommodation briefly comprises a private entrance on the first floor. The property features a spacious lounge, providing ample room for both living and dining, along with a separate fitted kitchen offering a range of wall and base units, splashback tiling, and space for appliances, including a freestanding electric cooker. A further hallway leads to a generous double bedroom, a good-sized single bedroom, and a family bathroom. This well-presented property offers an excellent opportunity for first-time buyers, investors, or those looking to downsize.
Accommodation
Private first-floor entrance, entrance hall, lounge, separate fitted kitchen, hallway, one double bedroom, one single bedroom and family bathroom. Entrance Hall: 5' 5'' x 2' 9'' (1.65m x 0.84m). Lounge: 17' 11'' x 13' 9'' (5.46m x 4.19m). Kitchen: 7' 9'' x 6' 7'' (2.36m x 2.01m). Family Bathroom: 5' 6'' x 6' 8'' (1.68m x 2.03m). Bedroom 1: 13' 7'' x 9' 8'' (4.14m x 2.94m). Bedroom 2: 9' 4'' x 6' 5'' (2.84m x 1.95m).
Location
Conveniently located close to Tipton and Coseley train stations, with transport links, local schools, nearby amenities, Asda Tipton and other shopping facilities within easy reach.
Tenure / Property Information
Tenure |
Leasehold |
Lease |
99 year lease from 25.03.1974 |
Services |
Services and equipment or appliances have not been tested. |
Investment Analysis
The latest supplied comparable is 3 Carver Court, the same development, sold for £75,000 on 13 February 2026. Other same-development sales range from £42,000 to £60,000 between 2020 and 2022. The £60,000 guide is therefore below the latest comparable, but the flat has a lease stated as 99 years from 25 March 1974, implying approximately 53 years remaining as at November 2026. No service-charge, ground-rent, lease-extension, EPC or condition-cost information is supplied, limiting valuation certainty.
Investment Snapshot
Guide Price |
£60,000 |
HB Estimated GDV |
£75,000 |
Strategy Recommendation
Proceed only after confirming the lease term, ground rent, service charge, lease restrictions, mortgageability and all auction costs. The price comparison is potentially attractive at guide, but the short lease and unavailable rental evidence make this unsuitable for an unverified BTL or BRRR purchase.
Works Required
No specific defects or refurbishment requirements are identified in the supplied description. Allow for inspection, legal review and any purchaser-identified maintenance only; no evidence-supported works budget can be calculated.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
3, Carver Court, Tipton, Sandwell, Dy4 0at |
£75,000 |
|
1, Carver Court, Tipton, Sandwell, Dy4 0at |
£60,000 |
|
11, Carver Court, Tipton, Sandwell, Dy4 0at |
£46,500 |
|
3, Carver Court, Tipton, Sandwell, Dy4 0at |
£58,500 |
|
2, Carver Court, Tipton, Sandwell, Dy4 0at |
£42,000 |
Potential BRRR Position
Base GDV |
£75,000 |
75% Refinance |
£56,250 |
Using the base evidence-supported GDV of £75,000, a theoretical 75% refinance is £56,250. However, acquisition costs, refurbishment costs, finance costs, lease-related costs and lending availability are not sufficiently evidenced, so cash left in and BRRR viability cannot be calculated. The lease term requires specific legal and lender review.
Buy-to-Let Analysis
BTL returns cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The short remaining lease, with approximately 53 years indicated, may also affect mortgageability, tenant demand and resale, but no lease-extension or service-charge costs are provided.
Flip Analysis
At the £60,000 guide, the gross difference to the base GDV is £15,000 before the £1,200 buyer premium, £2,040 administration charge, other possible auction costs, selling costs, finance and any works. A reliable net flip surplus cannot be calculated because refurbishment and selling allowances are unsupported.
Investor Risks & Due Diligence
• Approximately 53 years of lease term is indicated from the supplied lease dates, which may restrict mortgageability, resale and valuation.
• No ground-rent, service-charge or lease-extension information is supplied.
• No sufficiently specific rental evidence is available, preventing yield assessment.
• Additional auction costs may apply, including searches, sellers' costs, legal fees and transfer fees.
• Condition, EPC, heating, parking and council-tax information are not supplied.
• The latest comparable is £75,000, but earlier same-development sales were materially lower, creating valuation uncertainty.
Recommendation
Proceed only after confirming the lease term, ground rent, service charge, lease restrictions, mortgageability and all auction costs. The price comparison is potentially attractive at guide, but the short lease and unavailable rental evidence make this unsuitable for an unverified BTL or BRRR purchase.
Strategy Rating
HB Rating |
★★★☆☆ |
Analysis Confidence
Confidence |
Medium |
Same-development sold evidence and known auction charges are available, including a recent £75,000 sale, but rental evidence, EPC, service charge, ground rent, lease-extension cost, finance terms and refurbishment requirements are absent.
Auction Details :
Auction House National Online
Auction Date :
24/11/26
Lot Number :
Property Location:
7 Carver Court, Wake Green Road, Tipton, West Midlands, DY4 0AT
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