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 work1-bedroom flat · B29 5LA
Sold STCListed 398 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 70% shared ownership, one bedroom ground floor apartment, situated in an exclusive Over 55's independent living complex, tucked away on a quiet street, just a short walk away from Weoley Castle Square.
The property, which is being sold with No Upward Chain, briefly comprises of entrance hallway, a spacious lounge, a fitted kitchen, a shower room and one double bedroom.
The property also benefits from double glazing throughout, electric storage heating, communal gardens and having a large communal car parking area.
For more information, or to arrange a viewing, quote reference SW0582.
The Approach The property is accessed via the communal front door and is located on the ground floor, having main front door leading to; Entrance Hallway Having an electric storage heater, electric points, an airing cupboard housing immersion tank and doors off to; Bedroom 2.73m x 3.65m Having a double glazed window to rear aspect, an electric storage heater and electric points.
Shower Room 1.63m x 1.91m Having tiling to walls, a low level w.c., a pedestal wash basin, and a shower cubicle with mains powered shower.
Kitchen 1.82m x 3.48m Having vinyl flooring, a double glazed window to side aspect, a range of wall and base units with integrated electric oven, with space and plumbing for a washing machine, with roll top work surfaces incorporating a stainless steel sink & drainer and a four ring electric hob, with tiling to splash backs.
Lounge 2.94m x 3.60m Having double glazed windows to rear and side aspects, a feature gas fire with surround and hearth, an electric storage heater and television and electric points.
Tenure I have been advised that this property is Leasehold with approximately 65 years of unexpired lease remaining.
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.
Area
Agent & docs

FAQ
About Honnington Court, Manor House Close, Weoley Castle
Explore nearby