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 semi-detached house · B23 5PN
For saleReduced £10k (−4.3%) on 23 JunListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brilliant Buy-to-Let Opportunity – Tenanted 3-Bedroom Semi-Detached Home on Goosemoor Lane, Erdington (B23 5PN)! Investors, this one's for you!
Secure a fantastic, income-producing property with this spacious three-bedroom semi-detached house, perfectly positioned on the ever-popular Goosemoor Lane.
With long-term tenants already in place, this is a ready-made investment offering instant returns from day one.
Inside, the property offers: • Three well-sized bedrooms attracting strong rental demand • A bright, welcoming lounge ideal for family living • Separate dining room leading to garden • A generous kitchen with great functionality • Family bathroom • Sizeable rear garden providing valuable outdoor space • Off-road parking Located in a well-established residential area close to transport links, schools, parks, and local amenities, this home continues to appeal to reliable tenants year after year.
With tenants in situ, this is a smooth, hassle-free purchase with immediate rental income-a smart addition to any growing portfolio. Opportunities like this are snapped up quickly.
Act fast and secure this exciting investment today!
TO THE FRONT Having garden with small wall and path to:- PORCH Having double glazed doors to front, front door into:- HALL Having radiator, stairs to first floor, understairs housing gas central heating boiler.
FRONT RECEPTION ROOM 11' 10" x 11' 3" (3.61m x 3.43m) Having double glazed bay window to front, radiator, carpeted and fireplace.
REAR RECEPTION ROOM 11' 9" x 10' 9" (3.58m x 3.28m) Having radiator, carpeted flooring, patio door to rear garden and fireplace.
KITCHEN 8' 8" x 6' 6" (2.64m x 1.98m) Having radiator, lino floor, a range of wall and base units with fitted oven, electric hob, sink and door to:- UTILITY ROOM 9' 9" x 6' 8" (2.97m x 2.03m) Having door to WC/storage and door to garden.
LANDING Approached via carpeted stairs, single glazed window and doors to bathroom and bedrooms and access to loft.
BATHROOM 8' 9" x 6' 6" (2.67m x 1.98m) Having lino flooring, radiator, bath, wash hand basin, WC and separate shower with electric shower, double glazed window overlooking the rear.
BEDROOM ONE 11' 9" x 11' 4" (3.58m x 3.45m) Having radiator, double glazed bay window to front, carpeted flooring.
BEDROOM TWO 11' 9" x 10' 9" (3.58m x 3.28m) Having radiator, double glazed window overlooking rear, carpeted flooring.
BEDROOM THREE 7' 6" x 6' 0" (2.29m x 1.83m) Having radiator, double glazed window to front, carpeted flooring. REAR GARDEN Having lawn and fenced boundaries.
Council Tax Band B Birmingham City Council Utility Supply Electric - Mains Gas - Mains Water - Mains Heating - Gas Central Heating Sewerage - Mains Flood Risk Based on the Gov UK website's long-term flood risk checker, this property has been summarised as very low Predicted mobile phone coverage and broadband services at the property.
Mobile coverage for: EE, O2, Three, Vodafone - Good outdoor and in home Broadband coverage - Broadband Type = Standard Highest available download speed 6Mbps. Highest available upload speed 0.7Mbps.
Broadband Type = Superfast Highest available download speed 80Mbps. Highest available upload speed 20Mbps. Broadband Type = Ultrafast Highest available download speed 1800Mbps.
Highest available upload speed 1000Mbps. Networks in your area:- N/A The mobile and broadband information above has been obtained from the Mobile and Broadband checker - Ofcom website.
Sellers are asked to complete a Property Information Questionnaire for the benefit of buyers.
This questionnaire provides further information and declares any material facts that may affect your decision to view or purchase the property. This document will be available on request.
Looking to make an offer?
We are committed to finding the right buyer for the right property and try to do everything we can from the outset to ensure the sales we agree, subject to contract, will proceed to completion of contracts within a fair time frame that meets all parties' expectations.
At one point during the offer negotiations, one of our branch-based mortgage advisers will call to financially qualify your offer. We recommend that you take this advice before making an offer.
BUYERS COMPLIANCE ADMINISTRATION FEE: in accordance with the Money Laundering Regulations 2007, Estate Agents are required to carry out due diligence on all clients to confirm their identity, including eventual buyers of a property.
Green and Company use an electronic verification system to verify Clients' identity. This is not a credit check, so it will have no effect on credit history.
By placing an offer on a property, you agree (all buyers) that if the offer is accepted, subject to contract, we, as Agents for the seller, can complete this check for a fee of £25 plus VAT (£30 inc VAT), which is non-refundable under any circumstance.
A record of the search will be retained securely by Green and Company within the electronic property file of the relevant property. FIXTURES AND FITTINGS as per sales particulars.
TENURE The Agent understands that the property is freehold.
However we are still awaiting confirmation from the vendors Solicitors and would advise all interested parties to obtain verification through their Solicitor or Surveyor.
GREEN AND COMPANY has not tested any apparatus, equipment, fixture or services and so cannot verify they are in working order, or fit for their purpose.
The buyer is strongly advised to obtain verification from their Solicitor or Surveyor. Please note that all measurements are approximate.
If you require the full EPC certificate direct to your email address please contact the sales branch marketing this property and they will email the EPC certificate to you in a PDF format WANT TO SELL YOUR OWN PROPERTY?
CONTACT YOUR LOCAL GREEN & COMPANY BRANCH ON
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.
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FAQ
About Goosemoor Lane, Birmingham, B23
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