Phyllis House, 229 Bristol Road, Birmingham, B5 7UB

Description

A Vacant Freehold Substantial Grade II Listed 7 Bedroom Semi Detached Property with an additional 2 rear Studio flats. A substantial semi detached property, standing back from the road behind a large gated driveway with side garage, with the benefit of 2 studio flats to the rear with their own access. The property has previously been split into two halves, the front half being used as offices, the rear half as living quarters. The property may be suitable for alternative use such as conversion into flats, subject to the necessary permissions.

Accommodation

Main House: Ground Floor: Hall, Two Reception Rooms, Kitchen, Reception/Kitchen, Shower Room/wc, Further WC, Cellar Access. First Floor: Landing, Four Bedrooms (two with ensuite shower rooms/wc), Shower room/WC, utility cupboard. Second Floor: Landing, Three Bedrooms, Bathroom/WC, Eaves Storage. Rear Studio Apartments: Ground Floor: Reception Room/Kitchen/Bedroom, Shower room/WC. Outside: Gated Driveway, Gardens, Boiler Room, Side Garage.

Location

Located in the popular suburb of Edgbaston, with easy access by bus, bicycle or car into the city centre. Close to the University of Birmingham and Queen Elizabeth Hospital, as well as The Edgbaston Priory Club and Midlands Art Centre at Cannon Hill Park.

Tenure / Property Information

Investment Analysis

The supplied same-road completed sales range from £550,000 to £1,000,000. The most relevant evidence is £950,000 at 217A Bristol Road in 2023 and £1,000,000 at 219 Bristol Road in 2025. An indicative base GDV of £950,000 is used, with a low scenario of £880,000 based on the 2019 same-road sale and a high scenario of £1,000,000 based on the latest comparable. These comparables are not confirmed as identical in size, listed status, accommodation or condition.

Investment Snapshot

Strategy Recommendation

Proceed only after legal, planning, listed-building and condition due diligence. The evidence supports investigating the property at or near guide price, but not setting a reliable bid ceiling or committing to conversion, BRRR or BTL without verified costs and income.

Works Required

No specific physical defects or refurbishment requirements are evidenced. Before bidding, assess the condition, services, previous office/residential split, two rear studios, listed-building constraints and any permissions required for continued or alternative use. No works allowance can be supported from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the indicative £950,000 base GDV, 75% refinance is £712,500. A BRRR assessment cannot be completed because refurbishment costs, finance costs, acquisition taxes and achievable rent are not supplied. The guide plus the known £2,700 administration charge is £697,700 before any other costs or works.

Buy-to-Let Analysis

A BTL yield cannot be established because there is no local achieved or advertised rental evidence for this property or Birmingham. The only supplied rental listing is a 7-bedroom property in Edgware and is not a reliable local rental proxy. The two studios may affect income potential, but their lawful status and achievable rents are unconfirmed.

Flip Analysis

A flip surplus cannot be calculated because refurbishment costs, selling costs and other acquisition costs are not supplied. The guide is £695,000, while the indicative base GDV is £950,000, but this apparent margin cannot be treated as profit and may be affected by Grade II listing requirements, condition, permissions and the previous internal division.

Investor Risks & Due Diligence

• Grade II listed status may restrict alterations, subdivision and changes of use.

• The previous office and residential division may require verification of planning, building-control and lawful-use status.

• The legal status and compliance of the two rear studio flats are unconfirmed.

• Property condition and any required refurbishment costs are not supplied.

• Additional special-condition costs, stamp duty and government taxes are not included in the guide or known administration charge.

• Same-road comparables may differ materially in size, accommodation, condition and listed status.

• No reliable local rental evidence is supplied, so income and yield are unverified.

Recommendation

Proceed only after legal, planning, listed-building and condition due diligence. The evidence supports investigating the property at or near guide price, but not setting a reliable bid ceiling or committing to conversion, BRRR or BTL without verified costs and income.

Strategy Rating

Analysis Confidence

There are several relevant same-road completed sales, but no condition report, refurbishment budget, local rental evidence, planning information, listed-building advice, legal-pack costs or confirmed status of the two studios.