2-bedroom flat · B31 2JW
For saleReduced £7.5k (−7.5%) on 30 JulListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
100% share value, second floor retirement apartment with lift for the over 55's, within a popular development offering many facilities such as a Restaurant, Hairdressers, Communal Gardens and Parking.
Well placed for the local shopping centre, park and bus routes.
EPC C Location Northfield, situated South West of Birmingham offers a number of sought after local schools including Bellfield, The Meadows & St Brigid’s Primary Schools, St Laurence Church junior School, Shenley Academy Secondary School & Sixth Form together with Turves Green Boys’ Secondary School and King Edward VI Girls’ School in West Heath.
Regular road and rail public services are available with railway stations located in Northfield and Longbridge and Kings Norton providing access to Birmingham City Centre with the M5, junction 4 and M42, junction 2 being readily accessible.
Other facilities include Northfield Library, Northfield Pool & Fitness Centre and a range of shopping facilities locally including the rapidly expanding and recently regenerated Longbridge Town Centre.
Summary *Retirement Complex for over 55's having a 24 hour emergency call system and secure communal areas *Facilities include Voice Guided Lifts, Restaurant, Large Communal Lounge, Community Hub, Laundry Room, Scooter Storeroom, Hairdressers, On Site Handyman, Guest Suite for Visitors, Communal Gardens & Communal Car Parking *There are a number of activities and groups at Chatham Place to include; Craft and Chat, Quiz/Social evening, Film afternoon, Knit and Natter and a Singing Group.
*Second floor retirement apartment with lift access *Entrance hall with two generous storage cupboards having shelving and space for coats *Open plan kitchen and lounge, lounge area with French doors and Juliet balcony with view over the garden to side *Kitchen space with stainless steel single bowl sink unit and taps, a range of wall and base units cupboards and drawers, electric oven and electric hob with extractor above, space for fridge freezer and plumbing for washing machine *Two double bedrooms *Wet room with shower fitment and curtain rail, low level WC and wash hand basin, handrails fitted as standard and storage units with shelving and cupboard below General information Tenure The agent understands the property is Leasehold.
A lease of 99 years was created on 1st January 2008. There are approximately 81 years. Service Charge current charges from 1st April 2025 are as follows: Service charge is £582.64.
Purchasers should ask their solicitor to verify all costs. Council Tax Band B the consumer protection regulations These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point which is of particular importance, verification should be obtained before viewing.
The Agent has not tested any apparatus, equipment, fixture or fittings or services and so cannot verify that they are connected, in working order or fit for the purpose intended.
Items in photographs are not necessarily included. All measurements are approximate. These details do not constitute a contract or part of a contract.
The Agent has not checked legal documents to verify the Freehold/Leasehold status of the property or that necessary planning permissions have been obtained.
Interested parties are advised to obtain verification from their solicitor or surveyor.
Money laundering regulations Under government regulations we are required to carry out prescribed identity checks on all purchasers and also obtain precise details of funding for their purchase.
This must be done before agreeing a sale. We will carry out these checks, electronically and as soon as you make an acceptable offer on a property.
There is a charge of £36 for one person and £54 for two or more. Prices are inclusive of VAT and are non-refundable.
Floor plans Where shown, the plan is for illustration purposes only and is not to scale.
The floor area shown is taken from the EPC calculations and is therefore approximate and will include only habitable areas.
Property information questionnaire A copy of the Property Information Questionnaire is available about this property at our office.
This has been completed by the Seller to provide comprehensive information about the property which will be of relevance to any intending Purchaser.
Fixtures and fittings Only those items mentioned in these particulars are included in the sale. All other items are excluded.
General advice All interested parties should check availability and explore the situation of a property on Google Earth/ Google Street Maps Street View before viewing. Viewings are via the Agents.
Referral fees Referral fees may be paid to us for referring clients to mortgage, insurance, surveying and conveyancing services which can range from £50 to £200.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Flat 42,, 100, Chatham Road, Birmingham
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