2-bedroom flat · B18 5ND
For saleReduced £5k (−3.7%) on 21 JunListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Innovate Estate Agents are pleased to offer this two bedroom ground floor flat situated in Hockley.
The property boasts a driveway allowing off road parking, garage, entrance hallway, lounge, fitted kitchen, shower room, double glazing and gas central heating (where specified).
Thanks to its convenient location the property is only a short distance away from a range of day to day amenities, educational facilities and transport links to such as King Edward VI Handsworth School for Girls, Nishkam Primary School, St Michaels C Of E Primary Academy, Jewellery Quarter Train Station, Soho Benson Road Tram Stop & easy commute to Birmingham City Centre.
EPC Rating: D. Council Tax Band: A. Admin Fees May Apply.
Lease Information Years Remaining: 199 years remaining Annual Ground Rent: £25 per annum Annual Maintenance & Service Charge: £1600 per annum Ground Rent & Service Charge Review Period: Tbc disclaimer: This information has been provided by a third party and have not been verified.
We recommend you confirm this information with your conveyancer. Approach The property is approached via pathway with steps leading up to front entrance door.
Entrance Hallway Having wall light point, gas central heating radiator and doors leading into: Lounge (16' 2'' x 11' 1'' (4.92m x 3.38m)) Having ceiling light point, power points, gas central heating radiator, tiled flooring and double glazed window to front elevation.
Fitted Kitchen (8' 3'' x 7' 8'' (2.51m x 2.34m)) Having ceiling light point, power points, double glazed window to rear elevation, matching wall and base units with work tops over, inset sink drainer unit with mixer tap, integrated five ring gas hob with cooker hood above, integrated oven and microwave, plumbing for washing machine, space for fridge/freezer, tiling to splash prone areas.
Bathroom Having ceiling light point, obscure double glazed window to rear elevation, walk in shower cubicle with thermostatic shower and shower head attachment, vanity hand wash basin with mixer tap and tiling to walls.
W.C Having ceiling light point, low level W.C, part tiled walls and linoleum flooring.
Bedroom One (14' 7'' x 11' 1'' (4.44m x 3.38m)) Having ceiling light point, power points, gas central heating radiator and double glazed window to front elevation.
Bedroom Two (9' 7'' x 9' 4'' (2.92m x 2.84m)) Having ceiling light point, power points, gas central heating radiator, laminate flooring and double glazed window to rear elevation.
Garage Having driveway allowing off road parking leading to up and over garage door with rear access leading to entrance door.
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
FAQ
About 25, Park Avenue, Birmingham
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