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See how verdicts work3-bedroom house · B37 7SL
For saleReduced £5k (−2.7%) on 19 SepListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A three-bedroom mid-terraced property in need of modernisation, offering excellent potential for buyers and investors alike.
Ideally located in Chelmsley Wood with easy access to Birmingham Airport, the nec and major motorway links. Viewing recommended.
Description Situated in a popular and convenient residential location, this three-bedroom mid-terraced property offers an excellent opportunity for buyers looking to modernise and create a home to their own taste and specification.
Requiring updating throughout, the property provides spacious accommodation and fantastic potential for both owner-occupiers and investors alike.
The accommodation briefly comprises a welcoming entrance hallway, a generous living room, kitchen, three well-proportioned bedrooms and a family bathroom.
Outside, there are gardens to the front and rear, providing additional outdoor space for family living and entertaining.
Ideally positioned within Chelmsley Wood, the property benefits from easy access to a range of local amenities, schools, shops and public transport links.
Commuters are particularly well served, with Birmingham Airport, the nec, Birmingham International Railway Station and the M42, M6 and wider motorway network all within easy reach, making this an excellent location for those needing convenient travel connections.
Offered with tremendous potential, this is a fantastic opportunity to acquire a property in a sought-after location and add significant value through modernisation.
We believe this property is of non-standard construction, a non-standard construction property is very common, with plenty of mortgage lenders giving access to mortgages for these properties.
We have financial experts within branch that can help advise on this Entrance Hall Double-glazed opaque window to front elevation and upvc door to front elevation, stairs to first floor accommodation, central heating radiator and laminate flooring.
Lounge Double glazed bay window to front elevation, ceiling light, central heating radiator, wooden flooring and TV. Point.
Kitchen/Diner Double glazed window to front elevation and double-glazed door to rear elevation.
A range of wall and base units with work surface over incorporating a sink with drainer unit, gas cooker and extractor hood. Tiled floor in the kitchen and laminate floor in the diner.
Space and plumbing for washing machine. Landing Loft access via hatch, carpet flooring and ceiling light. Two storage cupboards, carpet and stairs to first floor accommodation.
Bedroom One Double glazed window to front elevation, ceiling light point, laminate flooring and central heating radiator.
Bedroom Two Double glazed window to rear elevation, ceiling light point, carpet flooring and central heating radiator.
Bedroom Three Double glazed window to front elevation, ceiling light, carpet flooring and central heating radiator. Shower Room Double glazed opaque window to rear elevation.
Shower cubicle, vanity sink, W.C, central heating radiator and fully tiled. W.C. Double-glazed opaque window to rear elevation. W.C and wash hand basin, ceiling light. Front Garden Lawn area, plants.
Rear Garden Block paved patio area laid to lawn, shed, plants and shrubs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
FAQ
About 247, Chelmsley Road, Birmingham
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