Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · WS3 1NX
For saleReduced £20k (−9.5%) on 2 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***call today to view*** no chain *** A well presented semi detached home (bisf construction) – brick outer leaf reinforced, occupying a generous plot with a driveway to the front, detached garage and an extensive rear garden.
The accommodation includes a living room, open plan kitchen/dining area, utility room and ground floor WC/ Wet Room, with three bedrooms and a family bathroom to the first floor.
The property is approached via gated front driveway providing off-road parking and access to the garage.
Internally, the ground floor comprises an entrance porch leading to a living room with stairs rising to the first floor.
To the rear, the open plan kitchen/dining area and is fitted with a range of wall and base units, together with space for dining furniture.
A separate utility room provides additional appliance space and access to the rear garden, while a ground floor WC/Wet room.
To the first floor, the landing provides access to three bedrooms and the family bathroom. Bedroom one is positioned to the front elevation and includes fitted wardrobes.
Bedroom two overlooks the rear garden, while bedroom three is situated to the front elevation. The bathroom is fitted with a bath, wash hand basin and WC.
Externally, the rear garden comprises a paved patio area leading to a substantial lawned garden with mature trees, planting beds and outbuildings.
A detached garage is located to the side/rear of the plot.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional. Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Approach Block paved driveway providing off-road parking and access to the garage.
Porch Accessed via a front entrance door with internal door leading to the living room.
Living Room (5.4m x 3.69m) Front-facing reception room with window to the front elevation, staircase to the first floor and access to the kitchen/dining room.
Kitchen/Dining Room (6.39m x 2.63m) Rear-facing room fitted with a range of wall and base units, work surfaces, sink unit and space for appliances.
Windows and door providing access to the rear garden and utility area. Utility Room (2.85m x 1.19m) Rear-facing utility area with space and plumbing for appliances and access to the rear garden.
Wet Room Wet room flooring, a low-level WC and wash hand basin. Side-facing window. Landing Providing access to all first-floor accommodation.
Bedroom One (3.7m x 3.65m) Front-facing double bedroom with fitted wardrobes. Bedroom Two (4.12m x 2.61m) Rear-facing bedroom with window overlooking the rear garden.
Bedroom Three (2.8m x 2.6m) Front-facing bedroom with window to the front elevation. Bathroom Rear-facing bathroom fitted with a panelled bath, WC and wash hand basin.
Garage (9.01m x 5.43m) Detached garage positioned to the side/rear of the property. Rear Garden Rear garden comprising a paved patio area with a substantial lawned section extending beyond.
The garden contains mature trees, planting areas and outbuildings.
Value & comps
No previous sales on record.
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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 starting price
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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 38, Severn Road, West Midlands
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