Auction
Auction date passed
This lot went to auction on 21 October 2026 (8 days ago) but remains listed. It was still on the portal 6 days ago. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
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See how verdicts work39-bedroom house · B16 9AU
For saleListed 26 daysAuction 21 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 173 for sale by auction on 21/10/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Comprising Thirty-Nine Student Beds arranged within Twenty-Eight Flats (25 x Studios, 1 x Four Bed ensuites, 2 x Five Bed ensuites) Excellent operational track record, being fully let for the past 5 years Modern pbsa asset constructed in 2013, with an approximate gia of 696 sq m (7,492 sq ft) Located within walking distance of Birmingham City University (0.6 mil), the University of Birmingham (1 mil) and Birmingham city centre Birmingham is home to more than 88,000 full time students Guide price reflects a low capital value per bed space of £71,794 Projected Gross Annual Rent for the 2026/27 Academic Year of £346,944 (based on the final studio being let), reflecting a projected gross yield of 12.39% Key Locations Bywater House is located on the corner site of Harold Road and Waterworks Road, just to the west of the city centre in the suburb of Edgbaston Close to the city's higher education institutions: Birmingham City University South Campus (0.6 mil), University of Birmingham (1 mil), University College Birmingham (1.4 mil) and Aston University (2.2 mil) Birmingham City University South Campus is within a 15-minute walk, while the Univeristy of Birmingham, Univeristy College Birmingham, Aston University and Birmingham City University (City Centre Campus) are all approximately a 10-minute cycle from Bywater House The property benefits from convenient access to both the city centre amenities to the east and The University of Birmingham to the south, with Birmingham City South Campus being located less than 1 mile to the southeast.
The property is well-connected by public transport.
Just a 10-minute walk to the south east, Five Ways station provides frequent direct services to Birmingham New Street in only 3 minutes The A456 (Hagley Road) is easily accessible to the south, providing links to the M5 motorway Additional Information Birmingham is home to more than 88 000 full time students across five higher education institutions (hesa 2024).
Value & comps
No previous sales on record.
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Returns
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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
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FAQ
About Bywater House, 70 Harold Road, Birmingham
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