2-bedroom terraced house · B11 3AP
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Profectus Estates are delighted to present to the market this well-positioned two-bedroom terraced property on Formans Road, Birmingham, B11.
The property offers a fantastic opportunity for both first-time buyers and investors, providing well-proportioned accommodation together with a good-sized rear garden.
Internally, the ground floor comprises two separate reception rooms, offering flexible living and dining space, along with access to the fitted kitchen and rear garden.
To the first floor are two double bedrooms and a family bathroom. Externally, the property benefits from a good-sized rear garden, providing an excellent outdoor space for entertaining or family use.
The property is currently tenanted at £800 pcm, making it an attractive option for investors seeking an income-producing property.
Alternatively, the property can be sold with vacant possession, providing flexibility for buyers looking to make it their own home.
Property Highlights: Offers Over £175,000 Two double bedrooms Two reception rooms First-floor family bathroom Good-sized rear garden Currently tenanted at £800 pcm Vacant possession available Suitable for owner-occupiers or investors Popular Birmingham location Measurements: Front reception - 3.3m x 3.3m Rear reception - 3.3m x 3.2m Kitchen - 3.1m x 1.7m Front facing bedroom - 3.9m x 3.4m Rear facing bedroom - 3.4m x 2.9m Bathroom - 2.8m x 1.6m EPC rating: D council tax band: A Early viewing is highly recommended to appreciate the accommodation and potential this property has to offer.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 42 Formans Road, Sparkhill, Birmingham
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