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 · B29 6JR
Listing removedReduced £15k (−7.1%) on 21 AugListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this traditional two bedroom mid-terraced property situated in this popular locality in close proximity to the Queen Elizabeth Medical Complex and Birmingham University.
Ideal for both first time buyers or alternatively as an investment, the property has been well maintained throughout with refitted kitchen and bathroom fixtures. Being sold with No Upward Chain.
The property is set back away from the road via a gated front courtyard, benefitting from double glazing and gas central heating.
The internal accommodation provides a entrance porch leading into a separate hallway that provides access in to traditional front and rear reception rooms.
The rear reception room provides the access to the first floor and access to the kitchen.
The refitted kitchen comprises wall and base level units with complimentary work surfaces and tiled splash-back, with integrated oven and electric hob with space for other kitchen appliances and housing the central heating boiler.
The first floor offers two generously sized bedrooms, complimented with a partly-tiled bathroom suite with WC, wash hand basin and bath with separate electric shower.
To the rear is a well maintained and spacious rear garden, with private patio space and a gate access through to a large lawn area with fence boundary - with a private right of way for neighboring properties.
The property is located in this popular residential neighbourhood in Selly Oak, with plenty of local amenities including shops, cafés and transport facilities within very close proximity.
Key points of interest which are easily accessible include most notably the Queen Elizabeth Medical Complex but also The University of Birmingham and Birmingham City Centre.
Additionally Selly Oak train station is also easily accessible offering direct access into New Street station and the national rail network.
Estate agents operating in the UK are required to conduct Anti-Money Laundering (aml) checks in compliance with the regulations set forth by hm Revenue and Customs (hmrc) for all property transactions.
It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed.
Our estate agency uses Coadjute’s Assured Compliance service to facilitate the aml checks. A fee will be charged for each individual aml check conducted.
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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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 38, Gleave Road, Birmingham
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