2-bedroom flat
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming two bedroom apartment at Derwent Foundry is a true gem waiting to be discovered.
Step inside to a welcoming furnished, living area with a sofa, an adjoining dining space to the kitchen and dining area, perfect for entertaining guests or simply relaxing after a long day.
The kitchen and dining area bring everyday living and entertaining together in one welcoming open plan space.
The fully equipped kitchen is as practical as it is inviting, with a fridge/freezer and a dishwasher already in place.
Flowing directly from the kitchen, the dining space is generous enough to host for family and friends.
Both bedrooms include double beds and offer generous proportions, providing plenty of room for additional furniture, storage, or a dedicated workspace.
Whether you're sharing with a partner, friend, or simply wanting extra space, the well-balanced layout offers flexibility to suit a range of lifestyles.
The contemporary bathroom features a walk-in shower, offering a sleek and functional space to start and end your day.
Thoughtfully designed throughout, the apartment combines comfort and practicality, creating a home that is well suited to modern city living.
Situated just off St Paul’s Square, Derwent Foundry is ideally placed for the square’s great choice of restaurants and bars.
The wider Jewellery Quarter offers even more, from independent venues and canal walks to culture and green space.
The city centre is a short walk away, with New Street station 0.8 miles and multiple transport links on Colmore Row just 0.4 miles from your door.
Combining spacious accommodation, modern furnishings and an exceptional location, this attractive apartment presents a fantastic opportunity to enjoy the best of city living.
Whether you're seeking easy access to the city centre, a thriving neighbourhood atmosphere, or a well-appointed home in a sought-after setting, this property offers it all.
Living Area Open plan living and adjoining dining space. Kitchen Smartly presented fully equipped kitchen. Bedroom 1 Light and spacious double bedroom.
Bathroom Bathroom with heated towel rail and bathtub with overhead shower. Bedroom 2 Well presented double bedroom with built in wardrobe.
Contact the FleetMilne office using the links above to arrange your viewing. Tenancies at this property will be fully managed by a professional company.
FleetMilne is a member of Client Money Protect, which is a client money protection scheme, and also a member of The Property Ombudsman which is a redress scheme.
You can find out more details on the agent’s website or by contacting the agent directly.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 516 Derwent Foundry (DE), Birmingham
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