2-bedroom flat · B13 0RQ
For saleReduced £10k (−8.3%) on 7 SepListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing, this charming two-bedroom, second-floor retirement apartment within the esteemed Highbury Court development in Kings Heath, Birmingham.
Offered with no onward chain, this well-loved home presents a fantastic opportunity for those seeking a comfortable and convenient lifestyle.
The apartment features a lounge diner, creating a welcoming space to relax, with lovely views overlooking the communal gardens.
The kitchen, accessible directly from the dining area, also benefits from garden views, adding to the sense of light and space.
The two well-proportioned bedrooms include a master bedroom with a built-in wardrobe, while the shower room is well-appointed and designed for ease of use.
Highbury Court is a purpose-built retirement development, completed in 2002, comprising 53 apartments designed for residents aged 60 and above.
The development offers a range of communal facilities, including resident management staff and a Careline alarm service, ensuring peace of mind for its residents.
There is also a lift providing easy access to all floors, a communal lounge where social activities take place, a laundry room, guest facilities for visiting friends and family, and well-maintained communal gardens.
Residents also benefit from communal parking. While the apartment has been well cared for, it offers an opportunity for modernisation to suit individual tastes.
Prospective buyers are encouraged to take advantage of the 3D virtual viewing tour available on this property for simplicity, and arrange a viewing to fully appreciate the potential of this delightful retirement flat.
Second Floor Retirement Apartment Communal Entrance With security intercom system Communal Residents Lounge Communal Residents Laundrette Entrance Hallway Lounge Diner 5.38m (max) x 3.4m (max), 3m (min) Kitchen 9 x 1.73m Bedroom One 5.36m (max), 4.72m (min to wardrobe) x 2.77m Bedroom Two 3.43m (max) x 2.87m (max), 2.8m (min) Shower Room (2.06m x 1.7m) Communal Gardens Communal Parking Viewing Strictly by appointment with Leaders option 2) Tenure Leasehold - 125 Years - Start Date 1st Nov 2001 End Date1st Nov 2126 - 101 years remaining We are advised the Service charge is £2000 every 6 months and ground rent is £400 Council Tax Band C
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Flat 50, Highbury Court, 15, Howard Road East, Birmingham
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