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See how verdicts work2-bedroom flat · B43 7TL
No longer listedReduced £15k (−10.7%) on 21 AugListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***no upward chain***two good size bedrooms***pheasey estate great barr***lounge***ample kitchen/breakfast room***modern bathroom***allocated parking***communal grounds***leasehold with approximately 91 years remaining*** Situated on the ever popular Pheasey Estate in Great Barr is this spacious first floor flat offering the benefit of having no upward chain.
Within easy reach of sought after primary and secondary schooling, amenities and transport links.
Accommodation in brief comprises, communal entrance, door giving access to the accommodation, lounge, two double bedrooms, ample kitchen/breakfast room and modern family bathroom.
Outside is allocated parking and communal grounds. Approach Approached via communal gardens and parking, door with stairs rising to the accommodation.
Entrance Hallway Having loft access and doors giving access to all rooms.
Lounge 10' 0" x 10' 9" (3.05m x 3.28m) Kitchen/Breakfast Room 11' 3" x 9' 11" (3.43m x 3.02m) Bedroom One 9' 11" x 10' 2" (3.02m x 3.10m) Bedroom Two 8' 7" x 9' 9" (2.62m x 2.97m) Parking Communal car park with further visitor parking.
Lease Details There is a approximately 91 years remaining on the lease - service charge is paid half yearly at £662.00 - Ground rent is paid half yearly at £30.00.
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
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FAQ
About 49a, Romney Way, Birmingham
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