2-bedroom flat · B24 9LA
Listing removedListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This Property is Being sold by Paul Carr Modern Auction.
Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed.
Please contact Paul Carr Estate Agents to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed.
If you require a copy of these documents, or for further information, please contact the Paul Carr Team.
This superbly located well proportioned ground floor maisonette benefits from the advantages of no onward chain and boasts no party walls.
Accessed via a pleasant hall with storage, doors lead off to a generous living room, having a fitted kitchen off and further access to a lean to conservatory.
Further doors lead to the two well proportioned bedrooms and a family shower room with white fitted suite.
Outside the property offers the advantage of a garage and driveway to the rear and an additional driveway to the front along with an enclosed rear garden and wrap around lawns.
An early viewing must be undertaken in order to fully appreciate the opportunity on offer and avoid disappointment.
Identity Verification Fee - We are required by law to conduct anti-money laundering checks on all those buying a property as part of our due diligence.
As agents acting on behalf of the seller, we are required to verify the identity of all purchasers once an offer has been accepted, subject to contract.
The initial checks are carried out on our behalf by Lifetime Legal .
A non-refundable administration fee of £40 + VAT (£48 including VAT) applies which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable.
Hall Door to: Living Room 3.61m (11'10") x 2.00m (6'7") Window to side, door to: Kitchen 2.54m (8'4") x 2.34m (7'8") Window to side, door to: Lean To Conservatory Two windows to side, window to rear, door to: Bedroom 1 4.22m (13'10") x 3.12m (10'3") Window to side, door to: Bedroom 2 3.21m (10'6") x 2.48m (8'2") Window to front, door to: Shower Room Window to side, door to: Garage Window to side, Up and over door, door.
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 Holly Lane, Birmingham, B24 9LA
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