3-bedroom terraced house · B32 4EJ
Listing removedListed 127 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious three bedroom, end-terrace home in Vinnall Grove, Woodgate. Enjoy the open field right at your door steps and private rear garden.
Also located near Bartley Reservoir, Bromwich Wood, M5, Halesowen, Harborne and Northfield with plenty of shops, eateries and local amenities.
This property has a Prepayment meter with electrical heating throughout.
SCHOOLS Kitwell Primary School and Nursery Class 0.2 miles St Michael's Church of England Primary School 0.4 miles What references/other documents will be required?
When we have found a suitable property for you to rent you will need complete our application forms.
We will then take up the following references on behalf of our client, the Landlord: - Confirmation of employment and general salary guide (annual income must to be monthly rent x30 or more) on headed company paper.(Or a letter of guarantor in the case of students and if self employed, a letter from your Accountant) - A reference from your previous landlord.
- Photographic identification (passport) - Proof of British bank account such as front page of latest bank statement. - A copy of a utility bill dated within the last three months.
What reservation fees & rental funds will be asked for before moving in?
Essence Property would take a reservation deposit which covers the taking the property off the market while we commence referencing, this fee will be transferred to your deposit on move in (subject to passed referencing).
If you withdraw your application after the referencing has commenced, the reservation deposit would be non-refundable. To secure an apartment we must be in receipt of the reservation fee.
Once acceptable references have been received and approved, a date will be agreed for the start of your tenancy. The tenancy agreement must be signed and the initial monies must be paid in full.
- Reservation deposit: Equivalent to one weeks rent - First month's rent: Payable in advance of move in - Deposit: Equivalent to five weeks rent, payable on or before the date of move in (must be cleared funds on the date of move in).
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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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 Vinnal Grove, Birmingham, B32
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