2-bedroom flat · B42 2ET
Listing removedReduced £25 (−2.9%) on 9 JunListed 221 days · slow let
Opportunity summary
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About
Available Now Metropolitan Group are pleased to present, well-presented flat which offers two good-sized bedrooms, a spacious living room, and a modern kitchen with all-electric appliances.
The bathroom features contemporary fittings, and the flat is fully all-electric, including heating and appliances.
Conveniently located near local amenities, schools, and public transport, with easy access to Birmingham city centre, this flat is ideal for professionals or small families.
If you are interested in this property please send us an email detailing the following: Name; Telephone Number; Email Address & If you are currently a student or in employment.
All applicants must be eighteen years of age or over. All applicants under eighteen years of age require a guarantor.
To secure a property you are required to supply: • Student ID/Photo ID • Proof of address • Proof of employment/University Course • References • Completed Application Form • Deposit The tenancy agreement on any property is joint and severally binding on all parties.
Tenancy terms agreed by the applicant through Metropolitan Group are subject to authorisation by the landlord of the relevant property. Agreements are contractually between tenant and landlord.
New Assured Shorthold Tenancies (AST’s) Signed on or after 1 June 2019. • Holding Deposit (per tenancy): One Week’s Rent. This is to reserve a property.
Please Note: this will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, fail references check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 14 calendar days(or other Deadline for Agreement as mutually agreed in writing).
• Security Deposit (per tenancy. Rent under £50,000 per year): Five Week’s Rent. This covers damages or defaults on the part of the tenant during the tenancy. • Security Deposit (per tenancy.
Rent of £50,000 or over per year): Six Week’s Rent. This covers damages or defaults on the part of the tenant during the tenancy.
• Unpaid Rent: Interest at 3% above the Bank of England Base Rate from the Rent Due Date until paid in order to pursue non-payment of rent.
Please note: This will not be levied until the rent is more than 14 days in arrears. • Emergency call out (for instance in the case tenants lock themselves out): £50. • Lost Keys: £15 per key.
• Lost electronic fob/device: £95. Tenants are liable to the actual cost of replacing any lost keys(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
There will be a charge of £50 for the time taken replacing lost key(s) or other security device(s). • Variation of Contract (Tenant’s Request): £50.00 per agreed variation.
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
• Change of Sharer (Tenant’s Request): £50.00 per replacement tenant or any reasonable costs incurred if higher to cover the costs associated with taking landlord instructions, new tenant referencing and Right-to Rent checks, deposit registration as well as the preparation and execution of new legal documents.
• Early Termination (Tenant’s Request): should the tenant wish to leave their contract early, they shall be liable to the landlord’s in re-letting the property as well as all rent due under the tenancy until the start of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
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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 Aldridge Road, Perry Barr, Birmingham, B42
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