2-bedroom flat · B31 3PL
For saleListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Oakmans Estate Agents are delighted to present this fantastic two-bedroom ensuite apartment, located in a highly sought-after and well-connected area of South Birmingham.
Positioned on the second floor, this modern apartment offers spacious and versatile living, making it an ideal choice for professionals, first-time buyers, or investors.
The property welcomes you into a bright open-plan kitchen and lounge area, designed with both comfort and practicality in mind.
Leading off the living space is a separate dining room, providing an excellent additional area for entertaining, family meals, or even a home workspace.
Large windows ensure plenty of natural light flows through the apartment, enhancing its warm and inviting atmosphere.
The home features two generously sized double bedrooms, with the master benefitting from a private ensuite bathroom for added convenience.
A separate modern family bathroom serves the second bedroom and guests. The property further benefits from the use of a spacious loft.
Further benefits include an allocated parking space, secure communal areas, and excellent transport links offering easy access to Birmingham City Centre, major road networks, and a wide range of local amenities.
We have been advised by the owner that the property is Leasehold, with Council Tax Band A. Service charge: Approx. £800 Twice a year Ground rent: Approx.
£180 pa Lease remaining: 115 years Anti-money Laundering Checks (aml) Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances.
These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
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.
Area
Agent & docs
FAQ
About 49, WESTMINSTER PLACE, BIRMINGHAM
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