2-bedroom house · B24 9PE
Listing removedReduced £7.5k (−4%) on 13 FebListed 324 days
Opportunity summary
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About
A modern two double bedroom home on the Hollyfields development in Erdington, finished to a high specification and still covered by NHBC warranty.
Offered at 75% shared ownership with Persimmon retaining 25% and no rent paid on the retained share, this is a fantastic and affordable way to get onto the property ladder.
Welcome to this beautifully presented two double-bedroom home on the highly regarded Hollyfields development in Erdington.
Built in 2022, the property forms part of a well-kept and attractively maintained estate, offering modern living in a convenient and sought-after location.
This home is available on a shared ownership basis, with a 75% share available to purchase while Persimmon retain the remaining 25% and there is no rent payable on the retained share, making it an excellent opportunity for those looking to take their first steps onto the property ladder with style and affordability.
Upon arrival, the property benefits from its own driveway, providing easy off-road parking.
Internally, the ground floor features a spacious lounge, filled with natural light and offering a warm, welcoming space to relax.
From here you are led through to a downstairs W/C and handy storage cupboard, ideal for everyday convenience.
To the rear sits a good-sized kitchen/diner, complete with integrated appliances and a dedicated dining area, perfect for entertaining or family meals.
Upstairs, you’ll find two generous double bedrooms, both offering ample storage potential and a comfortable layout.
The modern, stylish family bathroom is finished to a high standard, creating a sleek and tranquil space.
Outside, the property boasts a large rear garden, thoughtfully designed with tiered decking, providing areas for seating, dining and enjoying the outdoors.
A modern, well-finished home in a maintained community setting, this property offers comfort, space, and an accessible route into home ownership. Early viewing is highly recommended.
Persimmons Home Discount - Affordable Housing: The plot is allocated as part of the provision of affordable housing on the site which Persimmon have agreed to provide under the terms of a Planning Agreement which was made between the former site owner and Birmingham City Council.
The obligation in the agreement to make available plots for the provison of an affordable housing mix is binding on Persimmon.
This Plot will be sold to you at a low cost discount on its market price and the ownership title will be subject to a resale price covenant protected by a title restriction to ensure that the house will be sold in future on the same basis at a price of no more than 75% of its market value at point of sale.
The features of the scheme are: 1. You will obtain full ownership of the property but pay a reduced price to the builder who does not retain any share of ownership 2.
The property title will be subject to a restriction as an obligation in the Planning Agreement imposed by Birmingham City Council to ensure that the property remains subject to the discount agents note: We have not tested any of the electrical, central heating or sanitaryware appliances.
Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale.
All room measurements and mileages quoted in these sales particulars are approximate.
In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity.
Rather than traditional methods in which you would have to produce multiple utility bills and a photographic id we use an electronic verification system.
This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.
Fixtures and fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded.
However, we would always advise that this is confirmed by the purchaser at the point of offer. Tenure: Shared Ownership – 75%/ 25% - Persimmon Homes retain their 25% share.
Property Construction: Standard Brick – 2022 build.
NHBC warranty Electricity Supply: Mains Water Supply: Mains Sewerage: Septic Mains Heating Supply: Gas Broadband: Refer to ofcom Mobile Signal Coverage: Refer to ofcom Building Safety Issues: N/A Restrictions: Ask agent for Shared Ownership T&c’s Rights And Easements: Confirm with conveyancing Flood Risks Or Previous Flooding: Confirm with conveyancing Past Or Present Planning Permissions Or Applications: Confirm with conveyancing Is the property located in a Coalfield Or Mining Area: Confirm with conveyancing
Value & comps
No previous sales on record.
Returns
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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 25, Brickwork Close, West Midlands
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