2-bedroom flat · B15 2GH
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom, two-bathroom apartment situated on the top floor of this purpose built residential development. The property has an allocated parking space and is offered with no onward chain.
The development is accessed via a security door with access to the top floor via communal stairs. The apartment opens into an initial entrance hallway with doors to the accommodation.
There is an open plan kitchen lounge/diner with the kitchen having a range of floor and wall mounted storage, electric oven, hob and extractor with space for the appliances.
The master bedroom has an en-suite shower room with a single shower cubicle, pedestal wash hand basin and low level w/c.
There is a second double bedroom and a family bathroom with a panelled bath, pedestal wash hand basin and low level w/c. Property Information Tenure - Leasehold Length of lease - 150 years remaining.
Service charge - £2,200 per annum. Ground rent - tbc Local authority - Birmingham city council. Council tax band - D EPC rating - B
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 55 Baronet House,, Springmeadow Road, Birmingham
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