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 · B38 9PB
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained first floor maisonette offered for sale with the added benefit of no upward chain, ideal for first time buyers, downsizers or investors.
The property is approached via a canopy porch leading to a private entrance lobby with stairs rising to the first floor hallway, where a useful built-in storage cupboard provides practical everyday storage.
To the rear, the comfortable lounge features an attractive electric fireplace and opens through to the fitted kitchen, which offers space for a fridge freezer and washing machine.
To the front are two well-proportioned bedrooms, both enjoying plenty of natural light, whilst a modern shower room completes the accommodation.
Externally, the property benefits from its own lawned West facing rear garden, providing a pleasant outdoor space to relax and enjoy.
A great opportunity to purchase a well cared for home offered to the market with no upward chain.
Entrance Lobby Landing Lounge to rear - 4.47m x 4.32m (14'8" x 14'2") Kitchen to rear - 2.67m x 2.03m (8'9" x 6'8") Modern Shower Room to side - 1.96m x 1.65m (6'5" x 5'5") Bedroom One to front - 4.47m x 2.95m (14'8" x 9'8") Bedroom Two to front - 3.43m max x 3.15m max (11'3" x 10'4") West Facing Rear Garden EPC Rating - C.
Council Tax Band - A. Tenure vendor advises that the property is Leasehold with approximately 122 years remaining on the lease and a ground rent payable of £75 per annum.
Drakes Estate Agents will not be held responsible should this information be incorrect and we request that your conveyancing solicitor verifies this throughout the conveyancing procedure.
The information provided by Drakes Estate Agents do not constitute part or all of an offer or contract, the measurements are supplied for guidance only and as such must be considered incorrect, we have not tested any appliances, fittings, services or equipment or and we ask all potential buyers to check the working of any appliances and the measurements before committing to any expenses.
Some properties may have been staged for marketing purposes using ai (artificial intelligence).
For Money Laundering purposes we will request any potential buyer at offer stage to provide proof of Identity before negotiation takes place.
Drakes Estate Agents do receive a small referral fee from some Conveyancing Solicitors & Mortgage Brokers which is on a case-by-case basis, and is subject to a minimum referral fee of £50.
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
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 advisers 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
Agent & docs
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FAQ
About 165, Lazy Hill, Birmingham
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