3-bedroom house · B19 2DT
Listing removedListed 103 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom traditional terraced family home.
The house is comprised of two reception rooms (both partitioned), a fitted large kitchen-diner, a fitted first floor bathroom, and three double bedrooms.
This property is double glazed, centrally heated, and provided unfurnished. On street parking only, easy access to local amenities.
The property also has a front garden with a larger garden to the rear.
Rent: £1400.00 per calendar month Deposit: £1500.00 company let info: The property is currently not HMO spec - However, if a company wishes to take it on for use as a HMO, this can be arranged; we are looking at 3 year lease terms, with the first year having a rent of £1400.00 pcm, increasing to £1800.00 in the second year.
The director of the company will have to pass a basic credit check and stand as guarantor for their company.
Gas CP12, eicr, and EPC all in place - The company will be responsible for all other compliance. Company Lets incur an admin fee of £250.00 Inc VAT (no sourcing fee).
EPC Rating: 58 (D) Council Tax Band: A (Birmingham City Council) Bills are not included. Some pets may not be allowed.
Holding Fee of £200.00 required to show good faith and intention of renting the property - This fee will be later deducted from the total rent/deposit and is not a separate administration fee.
Please note if the tenancy does not proceed due to any of the following circumstances there will be a charge to cover any reasonable costs, up to the full Holding Deposit fee (£200.00).
- Where you or any proposed joint tenant change your mind and withdraw after references have been sought and / or documents prepared and / or preparations for the tenancy put in hand.
- Where your references show that you have misleading or incorrect information which cannot be construed as a mistake.
We will refund your money, in full, if the landlord decided to withdraw for any reason or is unable to enter into the tenancy.
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
FAQ
About 233, Berners Street, Birmingham
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