Prop AI DealsProp AI Deals
  • On-market
  • Sourced deals
  • How it works
  • For sourcers
  • Pricing
Log inStart free
    Prop AI Deals

    Pre-vetted, AI-scored UK property deals matched to you — on-market, off-market and auction.

    Get it fromMicrosoftDownload formacOS
    Get Archie’s weekly picks →

    Find deals

    • On-market properties
    • Sourced deal rooms
    • AI property search
    • Property alerts
    • Weekly deals
    More ways to find deals+−
    • Below market value
    • High yield
    • New to market
    • Meet Archie
    • Archie on WhatsApp
    • Desktop app
    • Windows app (Microsoft Store)
    • Chrome extension

    Strategies & calculators

    • All strategies
    • BTL calculator
    • BRRR calculator
    • HMO calculator
    • Stamp duty calculator
    More strategies and tools+−
    • BTL candidates
    • Flip candidates
    • BRRR candidates
    • HMO conversion
    • PD conversion
    • Probate sales
    • Repossessed
    • Auction properties
    • Recently reduced
    • Motivated sellers
    • Flip calculator
    • AI refurb scan
    • Auction pack analysis
    • Property finance

    Markets

    • All locations
    • London
    • Manchester
    • Birmingham
    • Market stats
    More cities+−
    • Leeds
    • Liverpool
    • Glasgow
    • Edinburgh
    • Bristol
    • Newcastle
    • Cardiff

    Learn

    • Academy
    • How it works
    • Glossary
    • News
    • Help centre
    More guides+−
    • Getting started
    • Buy-to-let fundamentals
    • BMV deals
    • BRRR masterclass
    • HMO investing
    • Serviced accommodation
    • Property flipping
    • Auction buying
    • Lease options
    • FAQ
    • HMRC stamp duty guide
    • HM Land Registry
    • Landlord regulations
    • Buying property guide

    Compare

    • Dealsourcr alternative
    • PropertyEngine alternative
    • Property Filter alternative
    • PropertyData alternative
    • All comparisons
    More comparisons+−
    • GetGround alternative
    • Nimbus Maps alternative
    • Lendlord alternative
    • Searchland alternative
    • Property Market Intel alternative
    • PropMarker alternative

    Company

    • About
    • Features
    • Pricing
    • Developers / API
    • Contact
    More from us+−
    • Claude / MCP
    • Storefront for sourcers
    • For trainers
    • Affiliate programme
    • Earn 30% commission
    Find deals+−
    • On-market properties
    • Sourced deal rooms
    • AI property search
    • Property alerts
    • Weekly deals
    • Below market value
    • High yield
    • New to market
    • Meet Archie
    • Archie on WhatsApp
    • Desktop app
    • Windows app (Microsoft Store)
    • Chrome extension
    Strategies & calculators+−
    • All strategies
    • BTL calculator
    • BRRR calculator
    • HMO calculator
    • Stamp duty calculator
    • BTL candidates
    • Flip candidates
    • BRRR candidates
    • HMO conversion
    • PD conversion
    • Probate sales
    • Repossessed
    • Auction properties
    • Recently reduced
    • Motivated sellers
    • Flip calculator
    • AI refurb scan
    • Auction pack analysis
    • Property finance
    Markets+−
    • All locations
    • London
    • Manchester
    • Birmingham
    • Market stats
    • Leeds
    • Liverpool
    • Glasgow
    • Edinburgh
    • Bristol
    • Newcastle
    • Cardiff
    Learn+−
    • Academy
    • How it works
    • Glossary
    • News
    • Help centre
    • Getting started
    • Buy-to-let fundamentals
    • BMV deals
    • BRRR masterclass
    • HMO investing
    • Serviced accommodation
    • Property flipping
    • Auction buying
    • Lease options
    • FAQ
    • HMRC stamp duty guide
    • HM Land Registry
    • Landlord regulations
    • Buying property guide
    Compare+−
    • Dealsourcr alternative
    • PropertyEngine alternative
    • Property Filter alternative
    • PropertyData alternative
    • All comparisons
    • GetGround alternative
    • Nimbus Maps alternative
    • Lendlord alternative
    • Searchland alternative
    • Property Market Intel alternative
    • PropMarker alternative
    Company+−
    • About
    • Features
    • Pricing
    • Developers / API
    • Contact
    • Claude / MCP
    • Storefront for sourcers
    • For trainers
    • Affiliate programme
    • Earn 30% commission

    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

    © 2026 Prop AI DealsTermsPrivacyCookiesData protectionStatusContactClimate commitment
    1. Home
    2. Birmingham properties
    3. 2 bed house for auction in Near Lands Close, Birmingham B32
    Full property analysis
    OverviewAboutValue & compsAuctionReturnsDealAreaAgent & docsFAQ

    1 / 4

    No floorplan from the agent

    12, Near Lands Close, Birmingham, B32 1RS

    2-bedroom house · B32 1RS

    807 sq ftEPC C
    Starting price
    £38,000
    Auction: 28-day completion

    Listing removed · Reduced £1k (−2.6%) on 4 Sep · Listed 72 days · Auction 20 Aug · ended

    Vacant
    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.
    HMO Article 4 Direction AreaCITY WIDE HMO, Birmingham City Council city-wide Article 4 (HMO) · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

    Start freeLog in

    About

    The property

    For Sale By Public Auction on 10 September starting at 08:30 am - A vacant freehold mid terraced property A mid terraced property, standing back behind a driveway and foregarden.

    Accommodation Ground Floor: Hall, Reception/Dining Room, Kitchen. First Floor: Landing, Two Bedrooms, Shower Room/WC. Outside: Driveway, Garage and Gardens.

    The property has the benefit of having a gas fired central heating system and double glazing. Energy Performance Rating C. Tenure Freehold Vacant possession upon completion.

    Pre-auction Offers Please note no offers will be considered prior to the Auction Sale. Viewing Times Viewings will be carried out on a block viewing basis.

    The times and dates will be available from Thursday 20th August 2026, please revisit our website after this date.

    Live-streamed Auction Please note that the Auction will be livestreamed via our website.

    You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.

    Disclaimer Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them.

    Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon.

    All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding.

    Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information. Viewings All viewings are undertaken at your own risk.

    It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn.

    Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.

    *Definition of Guide Price and Reserve All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer.

    The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for.

    If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price.

    The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

    Costs at Auction When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding.

    They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

    The sale of each lot is subject to an administration fee of £2,700 inc VAT (£2,250 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction.

    Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

    Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

    Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.

    Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

    The legal packs and further information about buying at auction are available on the Bond Wolfe's website.

    Vacant

    Key information

    Price per sq ft
    £47/sq ft
    Based on 807 sq ft (75 sq m)
    Floor area
    807 sq ft (75 sq m)
    0
    EPC rating
    C
    current
    Tenure
    Freehold
    Property age
    Built 1967–1975
    Local authority
    Birmingham
    Metropolitan District
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.
    Auction

    What is it worth at the hammer?

    Auction intelligence

    Pro

    See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

    Loading rental comparables…

    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below starting price

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    8/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market72 days
    8/25
    —
    Seller motivation
    Not scored yet

    Days on market72
    Price reduction-2.6%
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingC
    Listing timeline
    First listedListed at £39,00012 Aug 2026
    Price reduced£39,000 → £38,000 (−2.6%)4 Sep 2026
    Still activeDay 72 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4HMO Article 4 applies

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
    Sign up free to see crime, broadband, flood risk and more→
    Location
    More market detail▾
    B32 · Live market data · house only
    B32 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Bond Wolfe Auctions logo
    Bond Wolfe Auctions
    listed on zoopla
    01217218417
    1st Floor, 75-77 Colmore Row, Birmingham
    View on zoopla

    View more properties from this agent
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

    More tools

    FAQ

    Questions

    About 12, Near Lands Close, Birmingham

    How much is 12, Near Lands Close, Birmingham?
    The starting price is £38,000.
    What kind of property is 12, Near Lands Close, Birmingham?
    A 2-bedroom house in B32 1RS.

    Explore nearby

    More nearby

    2-bed houses for sale in B32Auction lots in B32More from this agent

    Explore more properties

    • More properties in Birmingham
    • Auction properties in Birmingham
    • 2 bed houses for sale

    Similar properties

    Previously listed near B32

    View all previously listed near B32 →
    2-bed house on 57, Lower White Road, Birmingham, £199,950

    £199,950

    57, Lower White Road, Birmingham

    2 bed1 bathhouse
    2-bed house on 48, Amersham Close, Birmingham, £160,000

    £160,000

    48, Amersham Close, Birmingham

    2 bedhouse
    2-bed house on 82, Clover Drive, Birmingham, £220,000

    £220,000

    82, Clover Drive, Birmingham

    2 bed1 bathhouse
    2-bed house on 23, Plough Avenue, Birmingham, £190,000

    £190,000

    23, Plough Avenue, Birmingham

    2 bed1 bathhouse
    2-bed house on 12, Near Lands Close, Birmingham, £135,000

    £135,000

    12, Near Lands Close, Birmingham

    2 bedhouse
    2-bed house on 4, Pinner Grove, Birmingham, £160,000

    £160,000

    4, Pinner Grove, Birmingham

    2 bed1 bathhouse
    2-bed house on 12, Hernehurst, Birmingham, £190,000

    £190,000

    12, Hernehurst, Birmingham

    2 bed1 bathhouse