3-bedroom house · B8 3BY
Sold STCReduced £15k (−6.7%) on 10 SepListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** mid terrace house * three bedrooms * recently updated * popular location * This 3 bedroom mid terrace house has recently been refurbished and is ideal for a first time buyer/investment opportunity.
The property is accessed from the public footpath and gate leading to a front garden area with pathway leading to a double glazed entrance door with accommodation briefly comprising of: Entrance hall, two reception rooms, family kitchen, Shower Room and rear garden to the ground floor with stairs leading to the first floor landing and three bedrooms.
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Energy Performance Rating D Front Garden Area The property is accessed via the public footpath and a gate leading to a pathway and front garden area.
Entrance Double glazed entrance door leading to: Entrance Hall Wood effect flooring.
Doors leading to ground floor accommodation:- Front Reception Room (3.96m into bay window x 2.69m (13'0" into bay wind) Double glazed window to the front and radiator. Wood effect flooring.
Rear Reception Room (3.63m x 3.71m (11'11" x 12'2")) Double glazed door to the reading allowing additional access to the garden. Radiator. Wood effect flooring.
Inner Hallway Staircase leading to the first floor landing. Radiator. Under stairs storage cupboard. Wood effect flooring.
Family Kitchen (3.07m x 1.93m (10'1" x 6'4")) A range of wall and base units with work surfaces over incorporating a stainless steel sink and drainer. Double glazed window to the side. Radiator.
Wood effect flooring. Rear Lobby Double glazed door to the side allowing access to the rear garden. Additional door into the shower room.
Shower Room/W.C Suite comprises of a Shower Cubicle with shower over, pedestal wash basin and low level w.c. Obscure double glazed window to side.Tiling to the walls. Radiator.
First Floor First Floor Landing Double glazed window to the side. Radiator.
Doors giving access to first floor accommodation:- Bedroom One (3.71m x 3.61m (12'2" x 11'10")) Double glazed window to the front and radiator.
Bedroom Two (3.68m x 2.82m (12'1" x 9'3")) Double glazed window to the rear and radiator. Bedroom Three (3.20m x 1.98m (10'6" x 6'6")) Double glazed window to the rear and radiator.
Outside Rear Garden Timber fenced perimeter with a low maintenance rear garden area.
Flood Risk Surface Water Yearly Chance - Very Low Yearly Chance between 2040-2060 - Very Low Rivers & Seas Yearly Chance - Very Low Yearly Chance between 2036 - 2069 - Very Low Ofcom Mobile Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor, variable in-home O2 Good outdoor, variable in-home 3 Good outdoor, variable in-home Vodafone Good outdoor, variable in-home Performance across your postal district This shows the percentage of measurements across your postal district over the last 12 months that can successfully stream video or make a video call if they have coverage.
EE- 90% O2 -85% Three -77% Vodafone-85% Performance scores should be considered as a guide since there can be local variations. Ofcom Broadband Standard - Highest available download speed - 7 Mbps.
Highest available upload speed - 0.8 Mbps - Availability Good superfast Highest available download speed - 241 Mbps - Highest available upload speed - 36 Mbps - Availability Good ultrafast- Highest available download speed - 1000 Mbps - Highest available upload speed - 1000 Mbps - Availability Good
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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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 16, Ludlow Road, Birmingham
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