2-bedroom flat · B37 5AA
Listing removedListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AUCTION DATE - Thursday 30th July, 2pm The property is available via online auction. Cash buyers or pre-approved finance only. Why buy at auction?
• Sub 1% fallthrough • 5 x quicker • Below market pricing Please visit the Ferndown website and click ‘Auctions’ and then ‘Online Auctions’ on the main menu.
In order to bid first, register and verify your email.
Then, via the dashboard: - pass an ID check - enter your card details - enter your solicitor details Situated in a convenient central location within Chelmsley Wood, this first-floor flat offers an excellent opportunity for investors.
Benefitting from no onward chain.
The accommodation comprises a entrance hallway, a bright lounge providing ample space for both living and dining furniture, a fitted kitchen with a range of wall and base units, two well-proportioned bedrooms, and a family bathroom.
Ideally positioned close to local shops, schools, public transport links, and everyday amenities, the property also offers easy access to major road networks, making commuting straightforward.
Additional Information Whilst we make enquiries with the Seller to ensure the information provided is accurate, Ferndown Estates makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Works may have been carried out at the property and the current owner(s) may or may not possess the relevant documentation or certification.
We recommend that you consult with your solicitor to investigate this matter further and establish whether the necessary permissions and compliance certificates are in place.
Material Information - Standard Construction Money Laundering Regulations Should a purchaser(s) have an offer accepted (truncated) Approach & Overview Property is approached via communal door Hallway To include doors leading to: Lounge Diner Overlooking the front and rear of the property Kitchen To include wall and base units and space for appliances Bedroom One Overlooking the front of the property Bedroom Two Overlooking the front of the property Bathroom to include bath, low level WC and wash hand basin
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 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
FAQ
About Woodclose Road, Chelmsley Wood, Birmingham, West Midlands, B37
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