2-bedroom flat · B23 6GB
Let agreedListed 91 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented and spacious two double-bedroom top floor apartment offers bright, comfortable living in a quiet residential location.
Ideally situated within walking distance of local shops, amenities and Erdington railway station, the property also provides excellent transport links into Birmingham City Centre.
The apartment benefits from a secure intercom entry system, a well-maintained communal entrance, and an allocated parking space with additional visitor parking available.
Inside, the property comprises a welcoming entrance hall with useful storage cupboards, a spacious lounge/dining room with dual-aspect windows and Juliet balcony doors allowing plenty of natural light, a fitted breakfast kitchen with a range of base units and built-in appliances, two generous double bedrooms, and a modern family bathroom featuring a bath with shower over, wash basin and WC.
The main bedroom offers excellent space for a king-size bed and additional furniture, while the second double bedroom is ideal as a guest room, home office or additional bedroom.
Spacious Breakfast Kitchen - 3.25m x 2.18m (10'8" x 7'2") Good Size Lounge/Diner - 4.93m x 3.18m (16'2" x 10'5") Main Bedroom - 4.06m x 3.2m (13'4" x 10'6") Bedroom Two - 3.25m x 2.84m (10'8" x 9'4") Main Bathroom - 2.18m x 1.65m (7'2" x 5'5")
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.
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 16, Mere Street, Birmingham
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