3-bedroom house · B5 7EW
Listing removedReduced £50 (−2.5%) on 9 AugListed 82 days · slow let
Opportunity summary
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About
DESCRIPTION A Modern build and stunning family home - Available NOW! This three bedroom property, with optional fourth bedroom is situated within the B5 Central Development.
Briefly comprising on the ground floor of an entrance hallway, downstairs WC, office room/study, storage and an open plan living room/kitchen with ample storage and patio doors to private rear garden.
Upstairs on the 1st floor allows a master bedroom with en-suite and a further reception room which could be used as an optional fourth bedroom.
A further second floor allows another 2 double bedrooms and a family bathroom. Externally the property allows a rear garden with gated side access, and off road parking to the front.
The property is situated in a modern development - just walking distance to New Street Station, The Cube, The Mailbox and Five Ways. Furnished throughout and fit with kitchen appliances.
ENTRANCE HALLWAY 14'27' x 4'07' (4.27m x 1.22m) with ample storage OFFICE/STUDY 9'78' x 6'11' (2.74m x 1.83m) DOWNSTAIRS WC 5'48' x 2'96' (1.52m x 0.61m) with wash basin LIVING ROOM/KITCHEN 19'95' x 12'81' (5.79m x 3.66m) with under the stairs storage and patio doors to rear garden.
Kitchen is fit with a dishwasher, cooker, gas hob, washer dryer and a fridge/freezer REAR GARDEN 28'81' x 13'87' (8.53m x 3.96m) with outdoor electric sockets and a outdoor water tap.
Side access and gated FIRST FLOOR LANDING BEDROOM ONE 9'95' x 12'90' (2.74m x 3.66m) EN-SUITE 5'05' x 7'05' (1.52m x 2.13m) with standing shower SECOND RECEPTION ROOM/OPTIONAL BEDROOM 12'86' x 12'75' (3.66m x 3.66m) SECOND FLOOR LANDING BEDROOM TWO 11'56' x 12'90' (3.35m x 3.66m) FAMILY BATHROOM 6'38' x 5'55' (1.83m x 1.52m) bath with shower over BEDROOM THREE 12'88' x 11'50' (3.66m x 3.35m) in built storage Tenant Fee Act 1019.
Under latest legislation, permitted tenant payments include: - Rent - Utility bills - Holding deposit equivalent of 1 weeks rent - Changes to an AST during tenancy - Company let fees still apply James Laurence are members of The Property Ombudsman and in partnership with the Money Shield Client Money protection Scheme (CMP).
All enquiries and further information requests can be sent to .
Birmingham City Council Property Licensing Selective Licensing Of Other Residential Accommodation (Housing Act 2004 Part 3) The local authority has granted a licence in respect of the above property.
A licence has been granted as it is a property to which Part 3 of the Act applies and is required to be licensed under that Part.
Occupation: This property is licensed for a maximum of 5 people living as 3 households.
Notice: All measurements are approximate, and photographs/images provided for guidance only and may not accurately represent the property.
Agents Note: All material information stated below has been agreed/ confirmed with our client, we would request all information to be verified by the interested applicant with a James Laurence Estate Agent Employee prior to proceeding forward with an application.
Rental Per Month: £2000.00 Deposit Amount To Be Held In The Deposit Protection Service (DPS): £ Equivalent to 5-week's worth of Rent.
Further information regarding the scheme can be found here: Custodial terms and conditions | DPS (depositprotection.com) Length Of Tenancy: 6 months minimum term Local Authority: Birmingham City Council Council Tax Band: C Further Material Information:- Part A Council Tax / Domestic Rates: C Rent: 2000.00 Deposit(s): Equivalent to 5-week's worth of Rent.
Part B Property type: House Property construction: Purpose Built Number and types of room: 3/4 Electricity supply: Unknown Water supply: Severn Trent Sewerage: Severn Trent Heating: Gas Broadband: You should make your own enquires into the coverage.
Mobile signal/coverage: You should make your own enquires into the coverage.
Parking: Yes Part C Building safety: This property has cladding, as far as we know the current position with the property is:- It's been tested and there are no works required.
You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place. Restrictions: N/a. Rights and easements: N/a.
Flood risk: N/a. Coastal erosion risk: N/a. Planning permission: N/a. Accessibility/adaptations: N/a. Coalfield or mining area: N/a. Energy Performance Certificate (EPC)**:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
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FAQ
About Hope Street, Birmingham, B5
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