2-bedroom flat · B20 2RL
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Approach Access via communal door with intercom system Front door Leading onto reception hallway Reception Hallway Having doors to all rooms, central heating radiator and tiling to floor Lounge 18’1” X 9’9” Having UPVC double glazed windows to side and rear, central heating radiator and wood flooring Bedroom one 14’11” X 8’10” Having UPVC double glazed window to rear, central heating radiator and laminated wood flooring.
Bedroom two 14‘11“ X 7‘6“ Having UPVC double glaze window to rear and central heating radiator Kitchen 10‘5“ X 6‘11“ Having a range of fitted wall and base units with roll top works surfaces incorporating stainless steel sink unit with mixer taps, four ring gas hob with oven below, extractor above, tiling two splashback area, tiling to floor, UPVC double glazed window to side and wall mounted gas fire heating boiler Bathroom Having Parel bath with mixer taps wall mounted shower attachments, shower screen, vanity wash hand basin with cupboards underneath, low-level WC, chrome towel rail radiator, tiling to wall and floor and door two airing cupboard with plumbing for washing machine Separate Garage not measured LEASE APPROX 83 YEARS REMAINING Monthly Service Charge APPROX: £120.00PCM
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
FAQ
About Penda Court, 161a Hamstead Road, Handsworth, Birmingham
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