2-bedroom flat · B16 8HW
For saleListed 316 days
Opportunity summary
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About
Sherborne lofts | 2 Bedroom duplex | Balcony | Secure Parking | Concierge | No Chain | Sauna | Canal Views | 2 Minute Walk to Brindley Place Full Description Davidson Estates are delighted to present this incredible duplex apartment set in the highly desirable sherborne lofts development and in close proximity to Brindley Place.
The property comes with secure parking located in the residents gated underground car park and a balcony overlooking the canal.
The Apartment The lower level comprises of a spacious entrance reception that leads through to all lower level rooms including an impressive principle bedroom with a balcony overlooking the canal, a second principle bedroom with en-suite facilities and double integrated wardrobes, a family size bathroom with a fitted sauna room, and ample storage rooms.
The first floor comprises of an enormous open-plan entertaining space with room for a break-out TV area, pool room with double Juliet balcony, dining area, study space, and fully integrated kitchen with ample cupboard space and all appliances including dishwasher.
There is also a utility room and WC/cloakroom. This apartment is an absolute must view and is unique to the development.
The Development Sherborne Lofts is an exclusive gated development with a wonderful community spirit and has a 24 hour residents concierge.
The development is centrally located to Brindley Place that hosts large corporate companies such as Deloitte and HSBC HQ.
There are also many eateries within walking distance and lots of amenities, as well as attractions such as Lego Land, the Sea Life Centre, NIA and Symphony Hall.
The Tram Line There will be a tram line on Broad Street soon which will have a stop at Brindley Place and will connect the area to Centenary Plaza, Grand Central Station and eventually HS2 within minutes.
The line is currently under construction and due to open in 2021. This will add value to the property.
Important Information Service Charge: £4,800.00 per annum Ground Rent: £86 per annum Years Remaining on Lease: 98 Rental Income Achievable: £3000 pcm Viewings are accompanied by the agency only.
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.
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FAQ
About Apartment 110, Sherborne Lofts, Birmingham
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