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 · B31 2GL
For saleReduced £8k (−8%) on 24 OctListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor apartment. Open plan living with room to actually spread out. A home that doesn't ask you to compromise. Step through the entrance hall and you already know where everything is.
A utility cupboard sits neatly off to one side, and every room leads naturally from this one central point, so there's no wasted corridor and no guessing where you're going.
The open plan kitchen, lounge and diner is where you'll spend most of your time, and it's been given the room to earn that.
There's proper space for a family dining table, a kitchen that's well-fitted rather than just functional, and French doors that open onto the communal patio, so the outside space is never more than a few steps away.
Both bedrooms are doubles, and both open onto that same patio through their own French doors, giving you a choice of where to start the morning with the doors thrown open.
The principal bedroom has the added benefit of a private en-suite, while the second bedroom sits just as comfortably alongside it. A family bathroom with a bath and overhead shower.
You're on a quiet road here, but you're not cut off. Northfield Manor Primary Academy, rated Good by Ofsted, is within easy walking distance, and Bournville School is close by too.
Northfield station is approximately 1.4 miles away for your commute, and Longbridge Town Centre, home to Sainsbury's, Marks & Spencer and a wide range of shops and places to eat, is a short drive from your door.
Estate Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We have partnered with a third party supplier to undertake these who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £99 + VAT per buyer and this is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the issuing of a memorandum of sale on the property you would like to buy.
No statement in these details is to be relied upon as representation of fact, and purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained within.
These details do not constitute any part of any offer or contract.
Ap Morgan and their employees and agents do not have any authority to give any warranty or representation whatsoever in respect of this property.
These details and all statements herein are provided without any responsibility on the part of ap Morgan or the vendors.
Equipment: Ap Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition.
Measurements: Great care is taken when measuring, but measurements should not be relied upon for ordering carpets, equipment, etc. The Laws of Copyright protect this material.
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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.
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FAQ
About Apt 5 Bournbrook House, 62, New House Farm Drive, Birmingham
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