2-bedroom flat · B15 2AL
For saleReduced £10k (−5.7%) on 30 SepListed 338 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding opportunity to acquire a spacious, modern two-bedroom apartment in the sought-after Park Central development.
This purpose-built flat is part of a significant urban renewal scheme that offers contemporary city living set amid eight acres of beautifully landscaped parkland.
The apartment boasts an impressive floor area and features a highly desirable open-plan living area, perfect for contemporary entertaining.
The generous accommodation includes two double bedrooms, with similar nearby properties benefitting from an en-suite shower room. The convenience of this location is unparalleled.
Residents benefit from the significant security of one allocated space within a gated parking area.
Rickman Drive is moments from the cultural heart of the city, placing the vibrant restaurants and bars of The Mailbox and Brindley Place, along with the Hippodrome Theatre, within a short, pleasant walk.
Commuting is effortless, with Birmingham New Street Station (for direct express services to London) and Five Ways Station both easily accessible on foot.
Furthermore, the location offers rapid access to the A38, connecting you seamlessly to the national motorway network.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
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FAQ
About Apartment 7, 15, Rickman Drive, Birmingham
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