2-bedroom house · B42 1PN
Listing removedListed 177 days
Opportunity summary
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About
Description Welcome to 53 Carmodale Avenue, Great Barr! This property is for sale by Modern Method of Auction powered by iamsold ltd - Starting Bid £135,000 + Reservation Fee.
Energy Performance Rating: Tbc *** Auctioneer Comments *** This property is for sale by the Modern Method of Auction.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00.
These services are optional. Referral Arrangement The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
A two-bedroom, end terrace property offered with no upward chain. The accommodation includes an entrance hallway, through lounge, kitchen, and two well-proportioned first-floor bedrooms with bathroom.
The home benefits from double glazing, central heating, rear and fore garden. The property requires full modernisation and would ldeally suit a cash buyer or investor.
Tenure: Freehold Agents Notes Please note all room measurements are taken at a maximum. Please note the Property will be sold with its contents. Approached Via Front aspect door into porch.
Porch Double glazed window and door into entrance hall.
Through Lounge/Dining Room W: 3.66m x l: 7.32m (w: 12' x l: 24' ) Front aspect double glazed bay window, radiator and dining area having understairs storage cupboard with side aspect window and door to kitchen.
Kitchen W: 4.27m x l: 2.13m (w: 14' x l: 7' ) Having side and rear aspect double glazed windows and door to garden, base units with inset sink and space for cooker and fridge freezer.
First Floor: Landing Side aspect double glazed window, loft access and doors to bedrooms and shower room.
Bedroom One W: 4.57m x l: 3.35m (w: 15' x l: 11' ) Front aspect double glazed window, radiator and wall mounted boiler.
Bedroom Two W: 2.74m x l: 3.35m (w: 9' x l: 11' ) Rear aspect double glazed window and radiator.
Shower Room Rear aspect double glazed window, walk in shower cubicle with folding doors, wash hand basin and low level WC.
Outside The rear garden requires landscaping and has rear access for vehicles. There is also a side gate to the front of the house.
The fore garden has a raised wall with lawn and steps up to the property frontage.
Value & comps
No previous sales on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 53, Carmodale Avenue, Birmingham
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