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 terraced house · B23 6BN
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Ground Floor Maisonette – Over 60s | 70% Shared Ownership | Chain Free A spacious two-bedroom ground floor maisonette situated on Birchdale Avenue, Birmingham B23 6BN, available exclusively to those aged 60 and over.
Offered on a 70% shared ownership basis with no monthly rent, this chain-free property provides an excellent opportunity for those looking to retain their independence while enjoying the reassurance and security of a well-managed residential setting.
The accommodation briefly comprises a welcoming entrance, spacious lounge, fitted kitchen, two bedrooms and a shower room. The ground floor position offers convenient, easy-access living.
Residents also benefit from residents' parking and attractive communal gardens, providing pleasant outdoor space to relax and socialise with neighbours.
The development has an on-site Scheme Manager, providing additional support and reassurance, together with a 24-hour, 365-day emergency alert and response system for added peace of mind.
Set within a quiet and secure environment, this property is ideal for those seeking independent living with the added benefits of a supportive community and emergency assistance available around the clock.
Key Features: Two-bedroom ground floor maisonette Exclusively for residents aged 60+ 70% shared ownership No monthly rent Chain free Spacious lounge Fitted kitchen Shower room Residents' parking Communal gardens On-site Scheme Manager 24-hour, 365-day emergency alert and response system Quiet and secure setting Ideal for independent living Property Ownership Information Tenure Shared ownership Council Tax Band B Percentage Share Owned 70% Additional Monthly Rent No additional monthly rent Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £2,220.00 Service Charge Review Period No review period Lease End Date 28/09/2089 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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 45, Birchdale Avenue, Birmingham
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