2-bedroom flat · B31 5BN
Sold STCListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description *** ideal for buy to let investors and first time buyers *** This property can be purchased with vacant posession and also as a buy to let opportunity with a tenant in situ currently paying £975pcm.
Bright & Spacious Two Bedroom Ground Floor Apartment in a Prime Location A bright and airy two-bedroom purpose-built apartment, ideally situated on a quiet road with pleasant green space and a play area to the rear.
Offering well-proportioned accommodation, allocated parking and excellent access to local amenities and transport links, this is an ideal opportunity for first-time buyers, downsizers or investors.
The property features a welcoming entrance hall leading into a generous open-plan living and dining room, creating a versatile and sociable space for both relaxing and entertaining.
The separate kitchen is well positioned and provides a practical and functional layout. There are two well-sized bedrooms, along with a modern bathroom and useful storage.
Outside, the apartment benefits from allocated parking, while the surrounding green space and play area provide an attractive setting.
Conveniently located for local train stations, shopping facilities and major motorway links, making this an excellent choice for commuters. Offered with no onward chain.
Key Features: Bright and airy two-bedroom apartment Purpose-built development Quiet location Open-plan living/dining room Separate kitchen Two well-proportioned bedrooms Modern bathroom Allocated parking Green space and play area to rear Excellent transport links Close to local shops and amenities Ideal first-time buyer, investor or downsizer property No onward chain Anti-money Laundering Checks (aml) Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances.
These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
All information supplied by the vendor should be confirmed by a Solicitor as Oakmans Estate Agents cannot be held responsible if incorrect.
EPC – C Council Tax Band – B Click on qr Code for Material Information
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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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 7, LONG SAW DRIVE, BIRMINGHAM
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