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See how verdicts work2-bedroom house · B1 3EE
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to own a freehold live/work unit situated in Birmingham’s historic Jewellery Quarter.
This character property was previously a jewellery workshop and is assed via a communal courtyard. The property comprises of a downstairs kitchen, living room / dining room and downstairs w/c.
The first floor has a large bright landing which could be utilised as an office, two double bedrooms and family bathroom.
The property benefits from having a communal courtyard and is being offered with no onward chain.
Access is via a security code operated door which opens into the communal courtyard area servicing three other properties.
The house has a small courtyard to the front with a wall separating it from the house opposite and outside storage.
The house opens into an initial entrance hall with stairs rising to the first floor and doors to the accommodation.
There is a good sized lounge / diner with windows and two Velux windows onto the courtyard and a under stair storage cupboard.
The kitchen/diner has a range of floor and wall mounted units along with electric oven, gas hob, extractor and space for appliances.
The master bedroom has built in wardrobes, there is a second double bedroom and bathroom with panelled bath, pedestal wash hand basin, single shower cubicle and w/c.
Agent note Owner happy for a rent to buy agreement & is committed to redecorating & re-carpeting the unit unless the buyers would prefer to complete works themselves with a price reduction of £5000.
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.
Area
Agent & docs
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FAQ
About 31a Tenby Street, 31a, Tenby Street, Birmingham
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