3-bedroom house · B38 9AG
For saleReduced £5k (−2%) on 16 OctListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***terraced*** ***three bedrooms*** ***large garden*** ***driveway*** ***inspiring*** ***fully refurbished - please read descripton for details*** This charming and well-appointed three-bedroom terraced property offers stylish, comfortable living and is perfectly suited to families or first-time buyers seeking a home ready to move straight into.
Positioned within a safe and welcoming residential area, the property benefits from an abundance of natural light, spacious interiors, and a wonderful sense of openness throughout.
Upon entering, you are greeted by a generous family lounge, thoughtfully designed to create a warm and inviting atmosphere.
A striking bay window provides a bright focal point, complete with built-in seating-ideal for relaxing with a morning coffee-while an electric fire adds a cosy touch, making this the perfect space to unwind or entertain guests.
Flowing seamlessly from the lounge is a well-laid-out kitchen, fitted with all the essentials and offering excellent practicality for daily living.
Beyond this, a delightful rear extension enhances the ground floor space, offering a versatile additional room that can be used as a sunroom, second lounge, or dining area.
With views out to the garden, this space is flooded with natural light and creates a wonderful connection between indoor and outdoor living.
Upstairs, the property continues to impress with three well-proportioned bedrooms.
Two spacious doubles provide ample room for furnishings, while the third bedroom offers a comfortable single room-perfect as a child’s bedroom, nursery, or home office.
A modern family bathroom serves the upper floor, complemented by a useful loft space that has been insulated and boarded, along with an additional storage room, ensuring practicality for growing households.
Externally, the property truly shines. A large, private rear garden provides a fantastic outdoor space for families, offering endless opportunities for entertaining, play, or relaxation.
To the front, there is the added convenience of a driveway, providing off-road parking.
The property has undergone a comprehensive programme of essential upgrades, providing buyers with complete reassurance and long-term reliability.
A brand-new boiler has been installed, ensuring efficient and dependable heating, while all gas pipework has been replaced to meet modern safety standards.
The property also benefits from a newly fitted consumer unit, bringing the electrical system up to date and offering added protection and compliance.
Internally, all flooring has been renewed throughout, creating a fresh and uniform finish, while the loft has been fully insulated and boarded-enhancing energy efficiency and providing valuable, ready-to-use storage space.
The kitchen has been upgraded with new appliances, and both the bathroom and separate W/C have been newly installed, offering modern fittings and a clean, contemporary feel.
Collectively, these upgrades mean that much of the costly and disruptive fundamental work has already been completed, allowing any new owner to move in with confidence, knowing the property is both safe and well-maintained for years to come.
This is an amazing opportunity not to be missed!
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
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FAQ
About 103, Lanchester Road, West Midlands
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