3-bedroom house · B11 1QN
For saleReduced £5k (−2.2%) on 21 JunListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Dixons are delighted to present this three-bedroom mid-terrace family home located on Melrose Avenue, Sparkbrook close to the many local shops on the Stratford Road along with local schools, parks, amenities, leisure facilities and all major transport links to Birmingham city centre and beyond.
The property would be an ideal purchase for first time buyers looking to get on the property ladder, families or buy to let investors.
The accommodation on offer briefly consists of two reception rooms, fitted galley kitchen, downstairs shower room and three bedrooms.
The property further benefits from central heating and double glazing (both where specified) plus a low maintenance rear garden. Please call Dixons Moseley on to arrange your viewing.
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
Agent & docs
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FAQ
About 3, Melrose Avenue, Birmingham
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