2-bedroom flat · B12 0PY
For saleListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Final homes available to reserve within this hugely popular "New York-style" loft living development in Digbeth, Birmingham City Centre DESCRIPTION Fountain Lofts is a boutique residential development of 36 apartments in the heat of Digbeth's Creative Quarter in Birmingham City Centre.
The development has been designed to blend the area's rich industrial heritage with modern "New York-style" loft living.
Each apartment comes with full integrated branded appliances, with a stone worktop in the kitchen and BagnoDesign bathrooms.
Specification: * Walls - light grey matt emulsion * Ceilings - white matt emulsion * Doors - mid grey eggshell * Architrave - white eggshell * Handles - Brushed Nickel * Sockets/switches - Brushed Nickel * Lighting - Recessed LED low energy downlighting with white bezels * TV and telephone sockets to living rooms and bedrooms * Living room socket sky+ While undergoing several gentrification projects, now represents the perfect time to own property within the UK's second-biggest economic city as luxury demand outweighs supply.
Nearby investment and major infrastructure projects of Smithfield regeneration plans is set to create over 100,000 jobs, alongside HS2 Curzon Street station set to open in 2033.
The Midland Metro tram, Birmingham Eastside extension will see trams travel through Birmingham city centre for the first time in decades and mark the beginning of a host of infrastructure work that will see the Metro head to Centenary Square, Digbeth and Five Ways.
The extension forms part of a £128 million project to link Snow Hill and Birmingham New Street station.
Living Room / Kitchen Bedroom One Bedroom Two Bathroom 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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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 Fountain Lofts, Alcester Street, Digbeth, Birmingham
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