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 house · B47 6AH
Listing removedListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two double bedroom modern end of terrace property is offered on a 65% shared ownership basis and is entered via a composite front door leading into the reception hall which has the staircase leading to the first floor accommodation and doors radiating off to the ground floor accommodation.
You will find the guest WC and the fitted kitchen to the front of the property and the lounge with patio doors leading out to the rear garden to the rear of the property.
On the first floor there are two double bedrooms and a bathroom with a three piece white suite.
The low maintenance rear garden is south east facing with boundary fencing and has a paved patio terrace, there is gated access to the side of the property and a tarmacadam driveway to the side of the property offering off road parking.
The property is also being sold with the added benefit of no upward chain.
Reception Hall Lounge to rear - 4.47m x 3.71m (14'8" x 12'2") Kitchen to front - 3.02m x 1.6m (9'11" x 5'3") Guest WC Bedroom One to rear - 2.51m x 3.66m (8'3" x 12'0") Bedroom two to front - 2.62m x 3.66m (8'7" x 12'0") max Bathroom to side - 2.24m x 1.68m (7'4" x 5'6") EPC Rating C Council Tax Band C Tenure The vendor advises that the property is Leasehold with approximately 84 years remaining on the lease, a combined rental and service charge payable of approximately £231.33 per month made payable to Midland Heart.
Drakes Estate Agents will not be held responsible should this information be incorrect and we request that your conveyancing solicitor verifies this throughout the conveyancing procedure.
The information provided by Drakes Estate Agents do not constitute part or all of an offer or contract, the measurements are supplied for guidance only and as such must be considered incorrect, we have not tested any appliances, fittings, services or equipment or and we ask all potential buyers to check the working of any appliances and the measurements before committing to any expenses.
For Money Laundering purposes we will request any potential buyer at offer stage to provide proof of Identity before negotiation takes place.
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
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FAQ
About 19, Butterworth Close, Birmingham
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