2-bedroom flat · B38 9PA
Sold STCListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom first floor maisonette, offered with NO ONWARD CHAIN. Situated in the popular residential area of Kings Norton.
this first-floor maisonette has been thoughtfully modernised, offering an excellent opportunity for investors or cash purchasers seeking a ready-to-move-into property.
There are approximately 74 years remaining on the lease.
Please note that due to the remaining lease term, the property may not be suitable for all mortgage lenders and is therefore likely to appeal to cash buyers.
The property is accessed via its own entrance with stairs rising to the first floor, leading to a central landing area.
From here, there is access to two spacious double bedrooms, a modernised bathroom, and a bright and contemporary open plan kitchen, lounge and dining area.
Externally, the property benefits from its own private rear garden, a rare and desirable feature for a maisonette.
Conveniently located close to a range of local amenities, well-regarded schools and excellent transport links providing access into Birmingham City Centre and surrounding areas.
Walkers Heath Park is also within a 15-minute walk, offering attractive green space for leisure and recreation.
We have been advised that the Ground Rent is £100 per year and there are no service charges. Early viewing is recommended for those in a position to proceed.
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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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
FAQ
About Lazy Hill, Kings Norton, Birmingham
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