3-bedroom terraced house · B31 1QD
Listing removedListed 171 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THREE BEDROOMS - ONE RECEPTION ROOM - DRIVEWAY Don't miss out on 102 Lockwood Road!
This 3-bed property in Northfield offers the ideal location, just a short walk from the high street where tenants will find amenities including Home Bargains, Aldi, and Northfield Shopping Centre.
Local bus transport links are additionally stationed just down the road. This 3-bed 1-bath property is available for £1150 per calendar month.
To reserve it, a deposit fee equivalent to one month's rent must also be paid.
Council Tax: Band B Upon entry to 102 Lockwood Road, tenants will find a decently sized lounge area fitted with two sofas and a coffee table.
Adjoining this is the kitchen, lined with stylish blue tiles and unique wallpaper. Tenants will also find a utility room at the property's rear which looks over a long and grassy garden.
This space additionally offers the ideal place for storage. The property's three bedrooms are then located on the first floor, with each one featuring a ¾ size bed.
Want to know more about this cosy 3-bed property in Northfield? Get in touch with our letting agents in Birmingham today to book a viewing or discover more rental options.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 102 Lockwood Road, Northfield, B31 1QD
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