2-bedroom flat · B30 3NT
For saleReduced £10k (−6.7%) on 6 AugListed 231 days
Opportunity summary
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About
**two bedroom, first floor arartment with allocated parking** We are delighted to offer to the market this two bedroom first floor apartment on the popular Monyhull Grange Development in Kings Norton which is located conveniently to all local amenities, schools and great transport links into the City Centre.
The property benefits from double glazing and electric heating and the accommodation on offer briefly comprises; secure communal entrance, entrance hallway, spacious living/dining room, kitchen, two bedrooms and a bathroom.
The property also benefits from one allocated parking space. Energy Efficiency Rating C. To arrange your viewing to fully appreciate the accommodation on offer please contact our Kings Norton office.
Approach The property is approached via a secure front entry door into communal hallway and stairs rising to the first floor with front entry door opening into: Entrance Hallway With laminate wood effect flooring, two ceiling light points, wall mounted electric storage heater, wall mounted intercom system, double glazed window to the front aspect, door opening into storage cupboard housing the water tank, door into further useful storage cupboard and further doors opening into: Living Room (4.655 max x 3.870 mix x 4.460 max (15'3" max x 12') With two double glazed windows to the rear aspect, two ceiling light points, laminate wood effect flooring, wall mounted electric storage heater and open walkway into: Kitchen (2.778 x 2.416 (9'1" x 7'11")) With tiled flooring, ceiling light point, a selection of wall and base units with work surface over, space facility for dishwasher, washing machine and fridge freezer, double glazed window to the front aspect, tiling to splash back areas and space for cooker with extractor over.
Bedroom One (3.70 x 3.00 (12'1" x 9'10")) With double glazed window to the rear aspect, ceiling light point Bedroom Two (2.966 max x 2.586 max (9'8" max x 8'5" max)) With double glazed window to the front aspect, ceiling light point and wall mounted electric heater.
Bathroom (2.274 max x 1.678 max (7'5" max x 5'6" max)) With bath with wall mounted mains powered shower over with rainfall effect shower, tiling to splash backs, wash hand basin on vanity unit with mixer tap over, low flush push button WC, ceiling light point, ceiling mounted extractor fan, electric heated towel rail and tiled flooring.
Parking With an allocated parking space.
Tenure We have been informed by our vendors the property is Leasehold and that the lease term remaining is approximately 128 years and the ground rent s approximately ££153.72 and service charges are approximately £2112.11 per annum (subject to confirmation from your legal representative).
Council Tax According to the Direct Gov website the Council Tax Band for Apartment 4,5, Navigation Drive Birmingham, B30 3NT is band B and the annual Council Tax amount is approximately £1,739.89 subject to confirmation from your legal representative.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 4, 5, Navigation Drive, Birmingham
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