2-bedroom flat · B23 6GF
For saleReduced £6k (−4.3%) on 23 JunListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Having been recently improved throughout, this well presented second floor apartment offers an excellent opportunity for buyers, accessed via a secure communal entrance (shared with only one other neighbour) with intercom entry system.
Stairs lead to the second floor landing with access to apartment 42 only.
The accommodation itself feeds off a welcoming hallway with side window and storage, doors lead through to the well proportioned living room having a Juliette balcony with open access to the fitted kitchen, further doors lead to a family bathroom with white suite and two good size bedrooms with the master having the benefit of an en-suite shower room.
Outside, the property enjoys a mature communal garden along with allocated residents parking.
An early viewing must be undertaken in order to fully appreciate the opportunity on offer and avoid disappointment.
Identity Verification Fee - We are required by law to conduct anti-money laundering checks on all those buying a property as part of our due diligence.
As agents acting on behalf of the seller, we are required to verify the identity of all purchasers once an offer has been accepted, subject to contract.
The initial checks are carried out on our behalf by Lifetime Legal .
A non-refundable administration fee of £40 + VAT (£48 including VAT) applies which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable.
Hall Window to side, door to: Bedroom 1 3.57m (11'8") x 2.65m (8'8") Window to side, door to: En-suite Shower Room Bedroom 2 3.57m (11'8") x 2.57m (8'5") Window to side, door to: Living Room 4.63m (15'2") x 3.34m (10'11") Two windows to side, double door, door to: Kitchen 3.34m (10'11") x 1.90m (6'3") Window to side, open plan, door to: Bathroom Window to side.
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 Southcroft Road, Birmingham, B23 6GF
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