3-bedroom house · B33 8PA
For saleListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penny Cottage – A Rare Opportunity To Own A Piece Of Old Yardley History A Rare Opportunity To Own A Piece Of Old Yardley History Nestled within the heart of the highly sought-after Old Yardley Conservation Area, Penny Cottage is a remarkable Grade II Listed family home dating back to 1826.
The property's distinctive name originates from its first occupier, local blacksmith John Leake, who leased the cottage from the Yardley Charity Estate Trustees for the princely sum of just one penny per year.
Almost 200 years later, Penny Cottage remains one of Old Yardley's most fascinating historic homes, combining a rich heritage with the comforts of modern-day living.
Occupying a picturesque position directly opposite the beautiful St Edburgha's Church, one of Birmingham's oldest parish churches, the property enjoys a setting that feels more like a traditional English village than a suburb of the city.
Surrounded by historic buildings and mature greenery, this unique location offers a rare blend of character, tranquillity and convenience.
The accommodation is both spacious and versatile, featuring three well-proportioned bedrooms, a family bathroom, separate shower room and a modern fitted kitchen.
At the heart of the home is a spacious open-plan living arrangement, where the main reception areas seamlessly connect to create an inviting space for everyday family life and entertaining.
A separate dining room adds further flexibility and character to the accommodation. Throughout the property, period charm sits comfortably alongside thoughtful modern improvements.
Character features serve as a reminder of the home's rich heritage, whilst the layout and presentation ensure it is perfectly suited to contemporary living.
Outside, the landscaped rear garden provides a private and inviting space to relax, unwind or entertain during the warmer months.
The property's enviable position within Old Yardley places local amenities, schools, transport links and Birmingham city centre within easy reach, whilst still retaining the feel of a traditional village community.
Homes of this historical significance rarely become available.
Whether you are drawn to its fascinating story, its charming character or its unique location opposite St Edburgha's Church, Penny Cottage presents a wonderful opportunity to own a genuine piece of Old Yardley's heritage.
Viewing is highly recommended to fully appreciate the history, charm and lifestyle on offer within this exceptional Grade II Listed residence.
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
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FAQ
About Penny Cottage, 435 Church Road, Birmingham
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