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See how verdicts work3-bedroom house · B17 8JB
For saleReduced £20k (−9.1%) on 26 AugListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary mid terraced property | three bedrooms | two reception rooms | fitted kitchen | downstairs bathroom | central heating | double glazing | furnished | front & rear gardens | off road parking description **calling all investors** A well-presented three-bedroom property, currently being let as a 4 bedroom, fully compliant HMO with a 10% gross yield, making it a fantastic investment opportunity.
The property comprises in more detail of an entrance hallway, two reception rooms with a modern galley style fitted kitchen complete with appliances, downstairs bathroom suite, and access to a low maintenance rear garden.
Upstairs has three bedrooms, two large doubles and a further single room.
The property further benefits from being conveniently located near to local amenities, and transport links into Birmingham City Centre and surrounding areas.
Agent Note This property is council tax band A. This property has had all chimneys removed so house is slightly bigger.
Reception Room 12' 11" x 11' 3" ( 3.94m x 3.43m ) Double glazed window to front, front door leads into reception room, door to hallway, laminate flooring, ceiling light point.
Hall Stairs to first floor, access to lounge/living room. Lounge/Living Room 12' 4" x 12' ( 3.76m x 3.66m ) Double glazed window to rear, door to kitchen, laminate flooring, ceiling light point.
Kitchen 13' 5" x 6' 7" ( 4.09m x 2.01m ) Double glazed window to rear, door to hall, tiled floor, tiled to splash-prone areas, ceiling light point, space for free standing cooker, sink & drainer with mixer tap, space for fridge freezer, plumbing for washing machine, wall mounted boiler, range of wall & base units with worktops over.
Hall Door to rear garden, door to bathroom.
Bathroom - Downstairs 6' 7" x 5' 3" ( 2.01m x 1.60m ) Double glazed frosted window to rear, ceiling light point, fully cladded walls, wash hand basin with mixer tap, low level flush w/c, bath with shower head attachment on mixer tap & shower curtain, heated towel rail.
Landing Doors to all three bedrooms. Bedroom 1 12' 11" x 11' 4" ( 3.94m x 3.45m ) Double glazed window to front, ceiling light point, carpet.
Bedroom 2 12' 4" x 9' 1" ( 3.76m x 2.77m ) Double glazed window to rear, ceiling light point, carpet.
Bedroom 3 13' 1" x 6' 7" ( 3.99m x 2.01m ) Double glazed window to rear, ceiling light point, carpet. Front Garden Fully block paved driveway, small step up to front door.
Rear Garden Patio area, small lawned area, fencing on both side and rear for privacy Parking Driveway. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars 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 sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
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FAQ
About 67, Ridgeway, BIRMINGHAM
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