5-bedroom terraced house · B14 7QL
Listing removedListed 231 days
Opportunity summary
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About
**** UNIQUE OPPORTUNITY **** **** SOUGHT AFTER LOCATION **** **** WONDERFULLY PRESENTED ***** **** TWO BED FLAT **** **** COMMERCIAL UNIT **** **** THREE BEDROOM PROPERTY **** The opportunity has arisen to purchase a wonderful property in the much desired area of Kings Heath.
It is located on Vicarage Road, which is sought after for the local schools.
Currently, you will find a three bedroom semi-detached property, overlooking the park with a business attached, on the ground floor and a two bed, exquisite rental apartment to the back.
There is parking for two cars and a deceivingly large garage/ workshop.
Inside you will find two bedrooms on the first floor, one with a spacious en-suite, family bathroom which has been recently renovated so now comprises of double sinks, designer bath, French tiles and the luxury of a laundry room attached.
The spacious kitchen is large enough to hold a dining table that seats eight people quite comfortably, as well as a seating area.
Go to the next floor and you will be welcomed by what can only be described as a unique bed space which can be a stand- alone studio apartment.
It comprises of a sitting area, large enough to hold a two seat sofa and /TV, with the bed area sperate and a beautiful wet room.
The uniqueness of this property means the buyer has planning permission to change the business back to a living space.
The two bed apartment can be left as a rental income, or simply reverted to be a part of the already spacious home. The potential this property holds is limitless. Call Dixons to view now!
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
FAQ
About Vicarage Road, Kings Heath, Birmingham, West Midlands, B14
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