2-bedroom flat · B33 8PX
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AUCTION END DATE - Thursday 17th September, 2pm The property is available via online auction. Cash buyers or pre-approved finance only. Why buy at auction?
• Sub 1% fallthrough • 5 x quicker • Below market pricing Please visit the Ferndown website and click ‘Auctions’ and then ‘Online Auctions’ on the main menu.
In order to bid first, register and verify your email.
Then, via the dashboard: - pass an ID check - enter your card details - enter your solicitor details Situated in a convenient and central location within Yardley, this two-bedroom maisonette.
Benefiting from its own private entrance, the property provides comfortable and practical accommodation throughout, with easy access to a wide range of local shops, amenities, schools, and transport links.
The accommodation briefly comprises a lounge, kitchen, two bedrooms, and a bathroom.
Externally, the property enjoys the added benefit of a private garden, providing a pleasant outdoor space for relaxation and entertaining.
Ideally positioned close to local amenities and excellent transport connections, this property combines convenience with comfortable living.
An HD property video tour and immersive 360-degree virtual tour are available. Additional Information We are advised by the vendor that the property is leasehold.
39 years remaining on the lease. We would strongly advise all interested parties to obtain verification through their own solicitor or legal representative.
The Payment terms of this auction will give the Purchaser 25 days to complete from exchange.
The winning buyer must pay £4,800 automatically at the end of the auction of which: - £4,800 Inclusive of V.A.T is a buyer fee 10% Deposit will need to be paid NO later than 12.00pm the following day Council Tax Band - A EPC Rating – D Approach & Overview Property is approached via a driveway Lounge Overlooking the front of the property Kitchen To include base and wall units and space for appliances Bedroom One Overlooking the front of the property Bedroom Two Overlooking the rear of the property Bathroom To include bath, low level WC and wash hand basin Garden Mainly laid to lawn with fence boundaries
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Manor Gardens, Yardley, Birmingham, West Midlands, B33
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