Article 4 Direction: Check HMO licensing rules in DY1-DY3 β some areas have been removing permitted development rights for HMOs
Void Risk: Dudley town centre flats can sit void 4-8 weeks. Terraced houses in Brierley Hill/DY5 let faster
Crime Level: Dudley is average for West Midlands. DY1 (town centre) has higher reported crime than DY6 (Kingswinford)
HMO Licensing: Mandatory licensing applies to 5+ person HMOs. Some DY2/DY3 areas have additional licensing schemes
Yield Context: 3-bed houses in DY5/DY6 typically yield 5-7% gross. Detached in Brierley Hill at Β£170k offers best value-add potential
Market Trend: Rightmove data shows Dudley asking prices down ~2% YoY β motivated sellers becoming more common. Several 200-day+ listings still unsold indicates overpricing
Sold STC Properties: 5 of 12 detailed candidates already Sold STC β good sign that well-priced stock moves, but also indicates competition
Top Pick: Barn Owl Walk (169519739) at Β£170k is the standout β 3-bed detached, just reduced 19/05/2026, Guide Price suggests room for negotiation