3-bedroom bungalow · B29 7PS
Sold STCListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** three bedroom bungalow in sought after location *** A well-presented three-bedroom detached bungalow situated in the highly sought-after area of Selly Park The property is entered via a porch leading into a central hallway.
To the right is a spacious lounge featuring a bay window, providing plenty of natural light. Opposite, the kitchen offers generous worktop space and ample storage.
From the kitchen, there is access to the garage, which provides useful additional storage and offers potential for conversion or extension, subject to the necessary planning permissions.
All three bedrooms are well proportioned, comprising two doubles and a comfortable single bedroom. The shower room has been recently refurbished and finished in a modern, contemporary style.
To the rear, the garden is attractively sized and easy to maintain, with a patio area ideal for outdoor seating and entertaining.
Access is available from the kitchen as well as via a side entrance leading from the front of the property.
The driveway currently provides off-road parking for two vehicles, with scope to extend if additional parking is required.
Occupying a set-back position on Pershore Road, the property enjoys convenient access to a range of local amenities and transport links.
Within approximately two miles are the Queen Elizabeth Hospital, Dental Hospital, Priory Hospital, Cadbury, and the University of Birmingham.
Rail services into Birmingham city centre are available from both Selly Oak and Bournville stations.
The nearby Rea Valley cycle route follows the River Rea through Cannon Hill Park and into the city centre, while regular bus services operate along Pershore Road.
The area is also well served by a selection of highly regarded schools, including King Edward’s School.
Value & comps
No previous sales on record.
Returns
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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 971, Pershore Road, Birmingham
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