2-bedroom flat · B5 4AB
For saleListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*city centre apartment* We are delighted to offer to the market this superb second floor two bedroom apartment with balcony, located in the prestigious Orion building in the heart of Birmingham City Centre which is only a stones throw from New Street station and also Birmingham's shopping district and further associated amenities.
Offering 24 hours concierge service and the added benefit of no onward chain the accommodation offered briefly comprises; concierge, lift access, entrance hallway, superb open plan living room and kitchen area, two bedrooms and an apartment bathroom.
Energy Efficiency Rating B. To arrange your viewing please call our Moseley office.
Approach On entering the apartments via communal concierge area, lift access point leads to the 2nd floor with hard front entry door opening into: Communal Area On entering the apartments via communal concierge area, lift access point leads to the 2nd floor with hard front entry door opening into: Entrance Hall With wood effect flooring, ceiling spotlights, wall mounted heater, door to storage cupboard (3' 11" x 3' 11") with ceiling light and fuse box, further storage cupboard housing washing machine, ceiling light point, water tank water meter (4' 6" x 5' 6") and door into: Open Plan Kitchen/Living Room (7.32 x 3.38 (24'0" x 11'1")) Lounge area with double glazed window and door overlooking and providing access to the balcony, two wall mounted electric heaters, continued wood effect flooring and, ceiling spotlights.
Kitchen area with a selection of wall and base level storage units incorporating built-in electric cooker, built-in fridge/freezer, extractor fan.
Bedroom One (12' 11'' x 11' 0'' (3.93m x 3.35m)) With wall mounted electric heater, fitted wardrobe, ceiling lights, wood effect flooring and double glazed window overlooking the communal areas.
Bedroom Two (8' 4'' x 12' 10'' (2.54m x 3.91m)) With ceiling spotlights, wood effect flooring and double glazed window overlooking the communal grounds.
Bathroom (5' 7'' x 7' 10'' (1.70m x 2.39m)) Being fitted with a suite comprising panelled bath and shower attachment over, wall mounted heated electric towel rail, tiling to splash back areas, ceiling spotlights, laminate effect flooring and pedestal wash hand basin with hot and cold taps over set over storage cupboards below.
Tenure We have been informed by our vendors the property is Leasehold and that the lease term remaining is approximately 101 years, the ground rent is approximately £601.96 per annum and the service charges are approximately £4551.09 per annum (subject to confirmation from your legal representative).
Council Tax Band According to the Direct Gov website the Council Tax Band for Orion Building, 90 Navigation Street, Birmingham, B5 4AB is band E and the annual Council Tax amount is approximately £2,744 subject to confirmation from your legal representative.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Apartment 167 Orion Building, 90 Navigation Street, Birmingham
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