We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · B23 6GG
Sold STCReduced £10k (−7.1%) on 3 SepListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description An excellent top floor apartment located on the desirable Highcroft development and benefiting from an allocated park with and offered with no upward chain.
The property benefits from a secure well kept communal entrance with stairs leading to the accommodation comprising of entrance hall with doors off to a spacious lounge having a juliet balcony with french doors, modern fitted kitchen, two good bedrooms with bedroom one having an ensuite shower room, family bathroom and handy storage loft space.
The property further benefits from having gas central heating and being double glazed.
An internal viewing is highly recommended, the property is ideal for the first time buyer, downsizer or investor alike.
Council Tax Band: A (Birmingham City Council) Tenure: Leasehold (129 years) Ground Rent: £300 per year Service Charge: £1,428 per year Agents Notes Please note all room measurements are taken at a maximum.
Approached Via The property is accessed via a secure communal entrance hallway with stairs leading to the top floor accommodation.
Inner Hallway Having doors off to all rooms, loft access providing handy storage space and built in storage closet.
Lounge/Dining Room W: 3.96m x l: 3.96m (w: 13' x l: 13' ) Modern spacious lounge/diner with front aspect double glazed French doors with Juliet balcony offering pleasant views Kitchen W: 2.74m x l: 2.74m (w: 9' x l: 9' ) Having rear aspect double glazed window, radiator, wall and base units with inset sink & drainer, four ring gas hob with extractor over and electric oven.
Space for washing machine and fridge freezer, tiled flooring and complimentary tiling to splash prone areas.
Bedroom One W: 3.05m x l: 3.96m (w: 10' x l: 13' ) Front aspect double glazed window, radiator, laminate wood flooring and door to ensuite.
En-Suite Having walk in shower cubicle with power shower, wash hand basin, low level wc and extractor fan with tiled flooring.
Bedroom Two W: 2.44m x l: 3.96m (w: 8' x l: 13' ) Rear aspect double glazed window, radiator and laminate wood flooring.
Bathroom Panel bath with shower over, wash hand basin, low level WC, extractor fan, heated towel rail and tiled flooring.
Outside Outside there is an allocated parking space located conveniently to the front of the building and well kept communal areas.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
FAQ
About 29 Staff Way, Birmingham
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