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 work2-bedroom flat · B38 8QP
Listing removedListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Two-Bedroom Flat on Redditch Road, Kings Norton, Birmingham, B38 8QP -----------NO MONTHLY SERVICE CHARGE------------ONLY £50 PER YEAR GROUND RENT----------------------- Discover this excellent opportunity to acquire a vacant two-bedroom Ground floor flat perfectly situated on Redditch Road in the desirable Kings Norton area of Birmingham.
Offering a generous living space and a prime location, this property presents an ideal purchase for first-time buyers or investors seeking a move-in ready home with minimal ongoing costs.
Property Features: - Two spacious bedrooms, each with neutral white walls and carpeted flooring, providing a blank canvas for personal styling.
- Bright and comfortable reception room, ideal for relaxing and entertaining.
- Modern kitchen with crisp white floor and wall-mounted units, offering ample worktop space and plenty of room for white goods.
- Well-appointed bathroom featuring a white suite with an overhead electric shower, complemented by hard flooring.
- Convenient hallway with three built-in storage cupboards, providing excellent storage solutions.
Additional Highlights: - The property is currently vacant and in move-in condition, ready for new owners. - All walls are freshly painted in white, making it easy to personalise.
- The property benefits from a single garage for secure parking and additional storage. - Ample parking is available within the well-maintained complex.
- Enjoy the beautifully kept communal gardens, maintained by the residents.
Financial and Legal Details: This property is offered on a peppercorn lease, which means there is no monthly maintenance or service charge.
The ground rent is a very low £50 per year, making this an attractive and affordable option compared to other leasehold properties on the market.
Location Benefits: Located in a convenient and sought-after part of Birmingham, the property benefits from excellent transport links, local amenities, and a friendly community atmosphere.
Its size, condition, and the absence of ongoing service charges make it a superb choice for first-time buyers looking for a low-cost, move-in ready home.
Transport Links Redditch Road in Kings Norton is conveniently located near excellent transport links.
The two closest train stations are: Kings Norton Station – approximately 1 mile away, offering regular services to Birmingham city centre, Redditch, and beyond.
It provides convenient access for commuters and is well-connected to local bus routes.
Northfield Station – about 2 miles from the property, serving routes to Birmingham, Bromsgrove, and other destinations, making it easy to travel across the West Midlands.
Both stations provide reliable services, making this location ideal for commuters and those seeking easy access to Birmingham and nearby towns.
Tenure We are advised by the vendor that the property is Leasehold We have been advised by the owner on the following information Ground Rent - £50 per year ---- No monthly or yearly Service Charge -----136 Years on Lease Opening Hours Sterling Homes are open seven days a week until 7pm each day Free Valuations Please contact us directly if you would like to book a free valuation on your property Money Laundering In order to comply with Money Laundering regulations, prospective purchasers will be required to produce identification documents.
Thank you for your cooperation Property Misdescription Sterling Homes have not tested any of the electrical, central heating, appliances or equipment.
Purchasers should make their own investigations as to the workings of the relevant items. All room measurements and mileages quoted in these sales particulars are approximate.
These are issued in good faith, but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Sterling Homes nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Any images included in these particulars may have been edited or enhanced where necessary.
The photographs are intended to provide a general representation of the property, however, they may not depict the property in its current condition and should not be relied upon as an exact portrayal.
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 Redditch Road, Kings Norton, Birmingham, B38
Explore nearby