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See how verdicts work3-bedroom flat · B20 2AJ
Sold STCReduced £10k (−6.7%) on 26 OctListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular and convenient residential location, this spacious three-storey townhouse presents an excellent opportunity for first-time buyers, landlords or investors.
Offering well-proportioned accommodation throughout, the property is ideally positioned within easy reach of local amenities, reputable schools and excellent transport links.
The property further benefits from approximately 102 years remaining on the lease.
The accommodation begins with a welcoming entrance hallway on the ground floor, with a staircase leading to the first-floor living accommodation.
The first floor features a bright and spacious lounge, providing an ideal space for relaxing and entertaining, while the generously sized breakfast kitchen offers ample wall and base units, generous work surface space and plenty of room for informal dining, making it the heart of the home.
The second floor comprises three well-proportioned bedrooms, all offering versatile accommodation suitable for families, guests or those working from home.
A modern shower room serves the bedrooms, complemented by a separate WC for added convenience.
Externally, the property enjoys a front garden, while to the rear there are well-maintained communal gardens, providing pleasant outdoor space for residents to enjoy.
Offering spacious accommodation across three floors, a highly convenient location and excellent investment potential, this attractive townhouse is an ideal purchase for first-time buyers looking to step onto the property ladder or landlords seeking a ready-to-let investment.
Early viewing is highly recommended to fully appreciate the accommodation and potential this property has to offer.
For Vendors:- To ensure compliance with Anti-Money Laundering Regulations, and details of ownership of the property to be marketed we will pass your details on to our identification confirmation company - Coadjute - who will carry out the required checks.
This is not a credit check. There is a charge of £45 inclusive of VAT per vendor, which is non-refundable.
A record of this search will be retained by our search provider and by Henley Charles electronically, and or within the relevant property file.
You also agree to provide us with any information or documents we request to meet this obligation.
We can require sight of documentary proof of address, together with acceptable photographic ID, such as a passport or photo driving licence. We may use both of these methods to meet our obligation.
Copies/records may be taken and held on file.
For Buyers:- To ensure compliance with Anti-Money Laundering Regulations, we will pass your details on to our identification confirmation company Coadjute who will carry out the required checks.
This is not a credit check. There is a charge of £45 inclusive of VAT per buyer, which is non-refundable.
A record of this search will be retained by our search provider and by Henley Charles electronically, and or within the relevant property file.
You also agree to provide us with any information or documents we request to meet this obligation.
We may require sight of documentary proof of address, together with acceptable photographic ID, such as a passport or photo driving licence. We may use both of these methods to meet our obligation.
Copies/records may be taken and held on file
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
FAQ
About Wood Lane, Handsworth Wood, Birmingham
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