3-bedroom semi-detached house · B23 7TB
Sold STCListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LET'S GO are offering for sale this three bedroom, semi-detached property on The Ridgeway in Erdington, Birmingham.
The property is in need of full refurbishment and modernisation throughout and is situated close to excellent transport links, schools and other amenities.
In brief the property comprises; Lounge, Kitchen, Downstairs Bathroom with separate Toilet and Three well proportioned Bedrooms.
To the rear is a well presented Garden and to the front of property is another garden with shrubs and bushes. There is plenty of potential here for potential investors looking for a project.
Contact LET'S GO to arrange your viewing ***EPC TBC*** ***COUNCIL TAX BAND B*** ***We understand that the property is freehold.
However we would advise all interested parties to obtain verification through their Solicitor or Surveyor*** In line with UK anti-money laundering regulations, successful purchasers must complete an Anti-Money Laundering (AML) check.
We use a specialist third-party service to verify your identity. The cost of these checks is £40 (including VAT £48.00) for each purchaser and anyone gifting contributing funds.
This fee will need to be paid by you in advance of us issuing a memorandum of sale and is non-refundable.
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 The Ridgeway, Birmingham
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