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See how verdicts work2-bedroom flat · B23 6GN
For saleReduced £10k (−8.3%) on 16 SepListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A 2 bedroom 1st floor flat, located in the popular Observatory Building. Offered with no chain. Close to main road, train and motorway links, Close to local amenities.
Having electric heating and double glazing, open plan lounge/kitchen/diner with Juliette balcony and allocated parking space.
Description A two bedroom first floor flat, located in the popular Observatory Building in Erdington. Offered with no chain.
Having secure entry intercom system and lift facility, private hallway, a good sized open plan lounge/kitchen/diner, two good sized bedrooms, bathroom and modern fitted kitchen area, double glazed and electric heating.
Communal Hallway Having secure entry intercom system giving access into the communal hallway with stairs and lift leading to the first floor landing with door to private entrance hall.
Private Entrance Hall Having laminate flooring, door to cupboard housing the boiler, spotlights to ceiling, doors to the lounge, the two bedrooms and the bathroom.
Open Plan Lounge/Kitchen/Diner 22' 7" maximum x 15' 11" to include the kitchen area ( 6.88m maximum x 4.85m to include the kitchen area ) Lounge Area Briefly comprising a open plan area, the lounge area has double glazed French doors to the rear overlooking the rear communal gardens with a Juliette balcony and excellent views over Erdington, telephone point, TV aerial point, two panel heaters and laminate flooring.
Kitchen Area Comprising a modern fitted kitchen, having fitted base units with roll edge work surfaces over, fitted matching wall units, stainless steel sink and drainer unit with mixer tap over, splashback tiling, integrated electric oven, integrated electric hob, built-in cooker hood and extractor fan, integrated dishwasher, integrated fridge, integrated freezer, stainless steel splashback to the electric hob and laminate flooring.
Bedroom 1 16' x 10' 5" maximum ( 4.88m x 3.17m maximum ) Having double glazed window to the rear, panel heater to wall and TV aerial point.
Bedroom 2 10' 1" x 9' 1" ( 3.07m x 2.77m ) Having double glazed window to the rear and panel heater to wall. Bathroom Having panelled bath, pedestal wash hand basin and low level flush WC.
Outside Having communal gardens providing gardens laid to lawn. There is allocated parking.
Agent's Note: Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 44, Boundary Road, Birmingham
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