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See how verdicts work2-bedroom flat · B15 3HS
For saleReduced £7k (−4.2%) on 14 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ground floor flat within highly regarded calthorpe estate, with extended lease and garage. Viewings vital to appreciate quality of location and accommodation on offer.
Benefiting from uPVC double glazing and combi gas central heating, this ideal first time purchase or downsize move comprises hallway, living room, kitchen, two double bedrooms, bathroom with WC and garage located en-block.
Offered with no upward chain. Tenure: Leasehold with term c.135 years unexpired, Council Tax Band: C, EPC Rating: C.
Location The property is set back in a development surrounded by communal gardens, off Vicarage Road in a well-regarded residential location within an area known as the Calthorpe Estate, conveniently situated circa: • 0.9 miles from Harborne High Street.
• 1.4 miles from Birmingham City Centre. Birmingham is approximately 11.6 miles to the south-east of Wolverhampton and 15.3 miles to the south of Lichfield.
The area has good road communications, with the subject property being located approximately 3.4 miles to the south-east of J1 of the M5.
The property is approximately 0.7 miles west of Five Ways railway station.
Five Ways railway station connects to Birmingham with a travel time of approximately 11 minutes, Wolverhampton with a travel time of approximately 33 minutes and Lichfield with a travel time of approximately 47 minutes.
Description A ground floor flat within a three storey purpose built development, constructed circa. 1970s. The property has well laid out accommodation and is in a modern condition throughout.
All external windows are uPVC frames with sealed double-glazed units and the property has a gas fired central heating system with radiators in all principal rooms which runs from a ‘Baxi’ gas boiler located in the kitchen.
Accommodation Please refer to the floor plan for room measurements. Flat Hallway, living room, kitchen, bedroom one (double), bedroom two (double), bathroom with WC.
Communal Areas Secure entry, stairs, corridors and communal gardens. Outside Garage (located en-block) Lease A term from 19th May 1977 to 26th September 2161 (circa. 135 years unexpired).
Ground Rent A Peppercorn. Service Charges The development is managed by Moonstone Block Management Limited.
The service charges for the period 29th September 2026 to 28th September 2027 shall be £2,373.99. Availability The property is offered with vacant possession and no upward chain.
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.
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FAQ
About 21 Hartley Place, Vicarage Road, Birmingham
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