We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · B20 3NR
Sold STCListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic investment opportunity to acquire this traditional three-bedroom terraced property situated in a popular residential location within Handsworth, Birmingham.
Requiring full modernisation throughout, the property offers substantial scope for refurbishment, improvement, and value enhancement, making it an ideal prospect for investors, developers, builders, or buyers seeking a renovation project.
The accommodation is generously proportioned and briefly comprises two reception rooms, kitchen, ground floor bathroom, three first-floor bedrooms, and an additional first-floor bathroom.
The property also benefits from a rear garden and presents excellent potential for conversion, reconfiguration, or extension (subject to the necessary planning permissions and building regulations).
Living Room (3.43m x 4.27m (11'03" x 14'29" )) A spacious front reception room featuring ample natural light and offering excellent potential to create a comfortable family living space.
Reception Room (3.53m x 3.35m (11'07" x 11'91" )) A versatile second reception room which could serve as a dining room, family room, or additional living area.
Kitchen (2.13m x 3.05m (7'81" x 10'85" )) Located to the rear of the property, the kitchen requires updating and offers scope to design a modern fitted kitchen tailored to individual requirements.
Ground Floor Bathroom (1.52m x 2.13m (5'92" x 7'84" )) Currently fitted as a bathroom suite, presenting an opportunity for complete refurbishment.
Bedroom One (3.35m x 4.27m (11'93" x 14'74" )) A generous double bedroom situated to the front of the property with ample space for bedroom furniture.
Bedroom Two (2.97m x 3.35m (9'09" x 11'51" )) A well-proportioned bedroom suitable as a double or spacious single room.
Bedroom Three (2.13m x 4.27m (7'93" x 14'31" )) A good-sized third bedroom offering flexibility for use as a bedroom, nursery, home office, or study.
First Floor Bathroom (1.22m x 2.44m (4'66" x 8'23" )) An additional bathroom located on the first floor, providing further potential for modernisation and improvement.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 3, Grosvenor Avenue, Birmingham
Explore nearby