3-bedroom house · B48 7TF
Listing removedListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented mid-terraced property available to purchase on a 50% shared ownership basis with bdht.
This property offers three bedrooms, a kitchen/diner, a living room, a ground floor W.C, a family bathroom, a rear garden and parking spaces for two vehicles at the front of the property.
EPC Rating: B. Location This modern mid-terrace home is situated in the much coveted village of Alvechurch. It is ideally placed for commuting with access to local motorway networks and rail links.
There are excellent local schools and a range of independent shops, boutiques and delis, in addition to a wider range of shopping facilities in the nearby towns of Bromsgrove, Redditch and Birmingham.
The surrounding countryside offers delightful walks, and there are a number of sports and leisure facilities within the local area.
Summary Entrance hall with stairs that rise to the first floor, a door to an understairs storage cupboard and doors to the w.c, living room and the, Kitchen/Diner which has a mixture of wall mounted and base units, an inset stainless steel sink and drainer, gas hob with built-in electric oven beneath, under-counter space and plumbing for a washing machine and space for fridge/freezer.
There is a dining area and a window looking out to the front of the property. Living room with patio doors opening to the rear garden.
W.C which has a low level toilet, a wash hand basin and panelled walls. Landing with loft access and doors that radiate off to the three bedrooms and the bathroom.
Bedroom one with two windows looking out to the front of the property and fitted wardrobes. Bedroom two with a window looking out to the rear of the property.
Bedroom three with a window looking out to the rear of the property. Bathroom which has a bath with a shower over, a wash hand basin, a low level toilet and a heated towel rail.
Rear garden which has a paved patio area, turfed lawn and gated rear access. There are two allocated parking spaces to the front of the property.
General information The Agent understands that the property is leasehold. This property is sold on a 50% shared ownership basis. There will be a rent and service charge to pay.
Rent per month: £383.27 Service charge per month: £71.83 Eligibility criteria: There are certain criteria you must meet to qualify for a shared ownership property which are as follows: • You are at least 18 years of age • You have a deposit and can secure a mortgage • You have a household income of less than £80,000 per year • You are a first-time buyer i.e., you don’t already own a home • You are currently a homeowner; however, the property is not suited to your current needs, and you cannot afford to purchase a suitable property *Council tax band: C the consumer protection regulations These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point which is of particular importance, verification should be obtained before viewing.
The Agent has not tested any apparatus, equipment, fixture or fittings or services and so cannot verify that they are connected, in working order or fit for the purpose intended.
Items in photographs are not necessarily included. All measurements are approximate. These details do not constitute a contract or part of a contract.
The Agent has not checked legal documents to verify the Freehold/Leasehold status of the property or that necessary planning permissions have been obtained.
Interested parties are advised to obtain verification from their solicitor or surveyor.
Money laundering regulations Under government regulations we are required to carry out prescribed identity checks on all purchasers and also obtain precise details of funding for their purchase.
This must be done before agreeing a sale. We will carry out these checks, electronically and as soon as you make an acceptable offer on a property.
There is a charge of £36 for one person and £54 for two or more. Prices are inclusive of VAT and are non-refundable.
Floor plans Where shown, the plan is for illustration purposes only and is not to scale.
The floor area shown is taken from the EPC calculations and is therefore approximate and will include only habitable areas.
Property information questionnaire A copy of the Property Information Questionnaire is available about this property at our office.
This has been completed by the Seller to provide comprehensive information about the property which will be of relevance to any intending Purchaser.
Fixtures and fittings Only those items mentioned in these particulars are included in the sale. All other items are excluded.
General advice All interested parties should check availability and explore the situation of a property on Google Earth/ Google Street Maps Street View before viewing. Viewings are via the Agents.
Referral fees Referral fees may be paid to us for referring clients to mortgage, insurance, surveying and conveyancing services which can range from £50 to £200.
Hall (4.55m x 2.06m (14' 11" x 6' 9")) Kitchen/Diner (3.4m x 2.51m (11' 2" x 8' 3")) W.C (1.85m x 1.04m (6' 1" x 3' 5")) Living Room (4.67m x 3.15m (15' 4" x 10' 4")) Landing Bedroom One (4.7m x 2.46m (15' 5" x 8' 1")) Bedroom Two (3.12m x 2.6m (10' 3" x 8' 6")) Bedroom Three (3.15m x 2m (10' 4" x 6' 7")) Bathroom (2m x 1.68m (6' 7" x 5' 6"))
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 advisors 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 8, Althestan Close, Birmingham
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