2-bedroom terraced house · B27 7AQ
Sold STCReduced £10k (−4.8%) on 2 SepListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern style and well-maintained semi-detached home, ideally suited to first-time buyers or investors, and offered for sale with no upward chain.
The property enjoys a convenient position close to gated access leading directly onto open fields, making it perfect for dog walking and outdoor exercise.
Set behind allocated off-road parking for two vehicles, the home also benefits from a small lawned fore garden, gated side access and an attractive canopy porch which leads into the entrance hall.
To the front is a well-proportioned kitchen with space for a breakfast table, a range of appliances and a recently fitted Worcester boiler.
The lounge is positioned to the rear and provides a comfortable living space featuring a gas fireplace with decorative surround, patio doors opening onto the rear garden, and an open staircase rising to the first floor.
To the first floor, the landing gives access to the principal bedroom to the front with built-in storage, a second bedroom to the rear, and a bathroom to the side with a recently fitted electric shower over the bath and a useful storage cupboard.
Outside, the rear garden is mainly laid to lawn with a paved patio area, new fencing, and gated side access returning to the front of the property—an ideal low-maintenance outdoor space to enjoy.
Overall, this is a smart, well-located home offering comfortable accommodation, excellent outdoor access and a chain-free purchase.
Entrance Hall Breakfast Kitchen to front - 3.35m x 2.34m (11'0" x 7'8") Lounge to rear - 4.57m x 3.48m (15'0" x 11'5") Landing Bedroom One to front - 3.51m x 3.25m (11'6" x 10'8") Bedroom Two to rear - 3.48m x 1.88m (11'5" x 6'2") Bathroom to side - 2.57m x 1.42m (8'5" x 4'8") Rear Garden Council Tax Band - C.
EPC Rating - C. Tenure The vendor advises that the property is Freehold.
Drakes Estate Agents will not be held responsible should this information be incorrect and we request that your conveyancing solicitor verifies this throughout the conveyancing procedure.
The information provided by Drakes Estate Agents do not constitute part or all of an offer or contract, the measurements are supplied for guidance only and as such must be considered incorrect, we have not tested any appliances, fittings, services or equipment or and we ask all potential buyers to check the working of any appliances and the measurements before committing to any expenses.
For Money Laundering purposes we will request any potential buyer at offer stage to provide proof of Identity before negotiation takes place.
Drakes Estate Agents do receive a small referral fee from some Conveyancing Solicitors & Mortgage Brokers which is on a case-by-case basis, and is subject to a minimum referral fee of £50.
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 38, Grattidge Road, Birmingham
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