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 work3-bedroom house · B5 7RG
For saleListed 332 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are acting in the sale of the above property and have received an offer of £185,000.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place A three-bedroom end of terrace house in need of modernisation throughout being offered with no chain.
The property benefits from driveway parking and a garage. The property is priced to reflect the condition and the low lease.
**We are acting in the sale of the above property and have received an offer of £185,000.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place** Porch With a door leading into the lounge and dining room Living Room / dining room 10'10" (3.3) max 10' (3.05) min x 24'1" (7.34) Open plan lounge and dining room with a double glazed window to the front aspect and a patio door and window to the rear looking over the rear garden.
Kitchen 8'2" x 8'7" (2.5m x 2.62m) The kitchen has a range of floor and wall mounted units, electric oven, gas hob and electric extractor over along with space for the appliances.
Double glazed window to the rear aspect. Bedroom 1 10' x 13'7" (3.05m x 4.14m) With a single glazed window looking out to the front aspect.
Bedroom 2 10' x 10'4" (3.05m x 3.15m) Having a single glazed window to the rear aspect and a storage cupboard.
Bedroom 3 8'4" x 8'6" (2.54m x 2.6m) Having a single glazed window out to the front aspect. Bathroom Having a panelled bath with electric shower over, low level w/c and pedestal wash hand basin.
Garage Garage with driveway Infront Front and rear garden A front garden with path leading to the front porch and part walled rear garden.
Property Information Tenure - Leasehold Length of lease - 49 years remaining. Ground rent - tbc Local authority - Birmingham city council. Council tax band - D EPC rating - D
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
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FAQ
About 23, Odell Place, Birmingham
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