3-bedroom flat · B5 7UR
Listing removedReduced £15k (−5.2%) on 21 JunListed 642 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fine ground floor three bedroomed apartment with two reception rooms situated in a highly respected development set in 8 acres of manicured communal gardens and close to Birmingham City Centre.
Garage and communal parking.
Council Tax: Band D A fine ground floor three bedroomed apartment with two reception rooms situated in a highly respected development set in 8 acres of manicured communal gardens and close to Birmingham City Centre.
Communal parking. Situation and Description Viceroy Close is made up of approximately 140 flats in total divided into 11 blocks, all set within exquisitely maintained communal grounds.
Ideally located for easy access into Birmingham City Centre, which lies approximately 1.5 miles to the north via the A38 Bristol Road.
The property is well placed for access to local amenities, shops, and major transport links for both road and rail.
Five Ways Railway Station and the more recently redeveloped Birmingham New Street Station are both situated within 1.5 miles.
The apartment is accessed by a secured entry system to a communal entrance hall, whilst there is also a lift and stair access to all floors.
The well laid out ground floor living space extends in all to around 1,351 sq.ft. In total and has recently been refurbished.
It is located in the block to the very rear of the development, set away from the Bristol Road traffic.
The inner font door opens into a reception hall and doors leading to the Sitting Room with its large bay window onto the grounds, this room enjoys a great deal of natural light, it has smart marble styled tiled flooring throughout and an original art deco fireplace.
It has lighting behind the coving and a central light point. The adjoining dining room/4th bedroom is also onto the front, it is spacious and enjoys a good amount of natural light.
The Kitchen has been recently upgraded and has a range of fitted units both base and wall mounted in white, with double oven, free standing washing machine and dishwasher and breakfast bar with tiling to the walls and floor and a door to the bin store and with access to the terrace outside and lawned gardens.
The main bedroom has a lovely outlook onto the front, tiled flooring, wall mounted TV point, en-suite shower room with w.c., hand washbasin and shower cubicle.
Bedroom 2 is also a double sized room with large picture window and tiled floor.
Bedroom 3 is a single sized room and with its proximity to the kitchen gives the option of combining the two rooms to create a larger breakfast kitchen which would be an attractive alternative to the existing layout, subject to any necessary consents.
Guest Bathroom having been recently refurbished with a white suite including bath with shower over, low level w.c., vanity unit with inset hand washbasin and window. The floor and walls are tiled.
There is also a refurbished cloakroom off the hall. Outside There are communal grounds with plenty of guest parking. Garages are available to rent separately.
General Information Lease and Service Charge: We are informed that the property is leasehold with 120 years remaining. However, the flat also has a share in a portion of the freehold.
There is a ground rent payable of £50 per annum and a service charge which is currently £6635.64 per annum.
Council Tax: Band D Published December 2024 Estate agents operating in the UK are required to conduct Anti-Money Laundering (aml) checks in compliance with the regulations set forth by hm Revenue and Customs (hmrc) for all property transactions.
It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed.
Our estate agency uses Coadjute's Assured Compliance service to facilitate the aml checks. A fee will be charged for each individual aml check conducted.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 2, Viceroy Close, Edgbaston, Birmingham
Explore nearby