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 · B33 8AB
Listing removedListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** Cash Buyers Only**** Arden Estate Agents are pleased to have For Sale this Two Bedroom First Floor Maisonette, with Lounge, Fitted Kitchen and Bathroom.
Located in the popular area of Stechford with easy access to local facilities and Amenities as well as close proximity to Stechford Train Station.
EPC Rating: Awaiting Council Tax: A Approach: Lawn area to the front with a side path leading to the front door. Entrance: Stairs to first floor landing.
Hallway: Giving access to the properties living spaces.
Lounge: 19'11" x 11'0" This spacious living room has double glazed windows to rear, power points, radiator, built in cupboard and door leading through to the kitchen.
Kitchen: 7'0" x 7'0" Fitted with a range of wall and base units with work top over, power points, radiator and double glazed window to the side.
Bedroom One: 12'0" x 10'10" With double glazed window to the rear, radiator and power points. Bedroom Two: 11'0" x 7'0" Having a double glazed window to the front, radiator and power points.
Bathroom: Fitted with a panelled bath with shower over, pedestal wash basin, low flush w/c, radiator and obscure double glazed window to side.
Property mis-descriptions act 1991: The Agents have not tested any apparatus equipment, fixtures and fittings or services so cannot verify that they are in full working order or fit for purpose.
The buyer is advised to obtain verification from his or her Professional Buyer. References to the Tenure of the property are based on information supplied by the Vendor.
The agents have not had sight of the title documents. The buyer is advised to obtain verification from their Solicitor.
You are advised to check the availability of any property before travelling any distance to view.
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
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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
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FAQ
About 53 Lock Drive, Birmingham
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