3-bedroom terraced house · WV4 4DA
To rentListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Furnished property DB Roberts are delighted to bring to market this three bedroom property, conveniently placed on the Penn Road.
This property offers off-road parking, as well as public transport within walking distance, making it perfect for commuters.
Internally there are two living rooms, the front of which is set up as a snug, and the rear lounge provides ample space for a dining table.
To the rear there is a kitchen with plenty of storage space and also provides access to the rear garden.
Upstairs showcases a large master bedroom spanning the full width of the property, as well as a further two bedrooms. The shower room and toilet are located off the landing to the rear.
£1,250 pcm & £1,250 deposit video tour viewing available for first viewing. Visit our website for your application form.
Mobile coverage from all four major networks* Ultrafast Full Fibre Broadband available* All services are mains connected Driveway Parking *Results provided by Ofcom and correct at time of listing* Entrance Hallway Lounge 4.1m x 2.8 Dining Room (3.8m x 3.5m) Kitchen (4m x 2.2m) Bedroom One (3.8m x 4.2m) Bedroom Two (3.5m x 2.7m) Bedroom Three (2.2m x 2.2m) Shower Room (1.7m x 1.3m)
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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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 348, Penn Road, West Midlands
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