2-bedroom flat · B15 2DU
For saleListed 367 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxury Two-Bedroom Apartment in the Sought-After Lexington Gardens Complex, Birmingham - This bright and spacious apartment boasts an open-plan lounge and kitchen area with a contemporary kitchen fitted with integrated appliances, a master bedroom with fitted wardrobes and ensuite, a second double bedroom, and a family bathroom.
An excellent long-term investment opportunity, currently tenanted, with the added benefit of a secure, gated, allocated parking space.
Ideally located near key transport links, including New Street and Five Ways train stations and nearby bus stops, offering quick access to city centre offices, hospitals, and universities.
Enjoy convenient access to local amenities, popular venues, and vibrant dining and shopping spots like the Bull Ring, Arcadian Centre, Mailbox Birmingham, and the O2 Academy.
Amenities: Secure Gated Entrance Communal Garden Co-op & Greggs around the corner **Very convenient location** 15 minutes walk to New Street station and main shopping area - Bullring & Grand Central 12 minutes walk to Five Ways Station 8 minutes drive to University of Birmingham **Development facts** Asking price £270,000 included a parking space - 3rd Floor - 677 sqft - Leasehold 243 years left - Service charges approx £2,400 p.a - Ground Rent £300 p.a - EPC: B - Council tax band: B ***Disclaimer*** Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment.
We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
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.
Area
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FAQ
About Lexington Gardens, Birmingham
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