3-bedroom detached house · B24 9BY
Sold STCReduced £20k (−6%) on 23 JunListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive, extended traditional family detached, offered with no upward chain, is ideally located, just off Moor End Lane.
The gas centrally, heated and double glazed accommodation, which must be seen to fully appreciate the potential for both improvement and further extension (subject to planning), briefly comprises; Large porch, reception hall, living room with feature fireplace and opening to dining room/bedroom 4, breakfast room with gas fire and opening to kitchen with oven and hob, utility with useful cupboard stores, door to garage and downstairs shower room/WC with white suite and Worcester gas combination boiler.
3 first floor bedrooms, linen cupboard and family bathroom.
Outside, garage, frontage with mature tree screening and drive approach providing ample parking, good sized private rear garden with patio, lawn and rear orchard. Early viewing is essential.
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.
Area
Agent & docs
FAQ
About Spring Lane, Birmingham
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