2-bedroom house · B11 3BL
Listing removedListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom home on Formans Road offers an excellent opportunity for buyers seeking a property that is ready to move into with only minimal finishing touches required.
Situated in the popular Tyseley area, the home benefits from modern internal upgrades and a practical layout ideal for first-time buyers, small families, or investors.
The ground floor features a welcoming front reception room leading through to a second spacious living area, providing ample space for both relaxation and dining.
To the rear of the property is a newly fitted kitchen, finished to a contemporary standard and offering direct access to the rear garden.
A ground-floor bathroom is positioned conveniently beyond the kitchen. The first floor comprises two generously sized bedrooms accessed from a central landing.
Internally, the property has undergone significant improvements, including a full rewire, replastering throughout, and the installation of a modern kitchen.
Only central heating installation remains outstanding, providing a cost-effective opportunity for buyers to complete the final stage to their own preference.
Overall, this is a well-maintained home offering strong value in a sought after location with excellent transport links, local amenities, and schools nearby.
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
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FAQ
About 172, Formans Road, West Midlands
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