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See how verdicts work3-bedroom flat · B18 6EU
For saleReduced £25k (−6.3%) on 21 AugListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning 1,700 sq ft, three-bedroom duplex penthouse situated within the ever-popular New Hampton Lofts development.
The property benefits from an allocated parking space and a large private terrace, creating the perfect sun trap.
New Hampton Lofts is one of the original loft-style developments in the city centre, offering vast living spaces and character features throughout.
This is a property well worth viewing - ideal for buyers looking to upgrade their city lifestyle or for investors seeking a fantastic opportunity.
Anticipated rental income could provide a potential gross yield of 5.1%; speak to the team for more information on how this could be achieved and potentially improved.
The lounge is a true showstopper, featuring an open-plan living area with floor-to-ceiling windows that flood the space with natural light and lead directly onto the large private terrace overlooking the courtyard.
The fully integrated kitchen includes an oven, hob, fridge/freezer, dishwasher, and washer/dryer. The lower level also benefits from a guest WC and ample storage space.
The upper floor is accessed via the staircase and leads to all three bedrooms and bathrooms. All bedrooms are generous doubles.
Bedroom one is particularly spacious and features a large sliding wardrobe, along with an en-suite bathroom complete with a separate shower and bath.
Bedroom two benefits from a walk-in closet and an en-suite shower room.
Bedroom three is also a double bedroom, includes built-in shelving, and is positioned next to the bright and spacious family bathroom.
New Hampton Lofts is a highly sought-after development thanks to its location just a few minutes’ walk from the idyllic St Paul’s Square.
Positioned on the edge of the Jewellery Quarter, residents have easy access to some of the city’s best shops, bars, and restaurants.
The property is also conveniently located just 0.7 miles from Snow Hill Station and 0.8 miles from Colmore Row - both within easy reach of the development.
Living Area Generous open-plan living area with an integrated kitchen and access to a private balcony! Kitchen Fully equipped integrated kitchen with a breakfast bar.
Terrace Large private terrace Guest W.C Guest W.C with storage Main Bedroom Generous double bedroom with a walk-in wardrobe and access to an en-suite bathroom. Walk-In Wardrobe Walk-in wardrobe space.
Ensuite Ensuite bathroom with a shower. Bedroom Two Generous double bedroom with fitted wardrobe and ensuite access Ensuite En-suite shower room with a walk-in shower and separate bath.
Bedroom Three Generous double bedroom with floor to ceiling windows and access to fitted shelving. Bathroom Well presented family bathroom.
Disclaimer - Upon formal acceptance of an offer, all purchasers will be asked to produce identification and full details of their chosen solicitor.
In order to avoid delays, this must be produced swiftly. Unreasonable delays may result in the acceptance being withdrawn.
- These property details do not constitute part or all of an offer or contract.
- Purchasers are advised to check the measurements before committing to any expense as many of the measurements are taken directly from the developer’s original floorplans.
Changes or adjustments may have been made since, or the original measurements may have not been accurate.
- Apparatus, equipment, figures, fittings, goods or services have not been formally checked by FleetMilne. It is in the purchaser’s interest to check the working condition.
Access can be arranged in order to do so – please just request an additional visit via our team.
- The legal title of the property has not been checked by FleetMilne, purchasers are advised to instruct their solicitor to do this.
It is understood that FleetMilne may earn commission from a solicitor, licensed conveyancing company, insurance company, or mortgage company if successful in providing financial services to the Owner and/or the Purchaser of the Property, or anyone involved in the property chain.
This involvement should help us to follow the progress of the sale.
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.
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FAQ
About 58, New Hampton Lofts, Birmingham
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