1-bedroom flat · B31 2FJ
Listing removedReduced £5k (−3.4%) on 21 AugListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*no upward chain * * allocated parking* Oakmans are delighted to offer an immaculately presented, first floor, one bedroom modern apartment, situated within the secure gated Griffin Close, Birmingham.
The property offers its own private front door entrance, entrance hallway with storage cupboards, modern kitchen, spacious lounge/diner, two double bedrooms with the master benefiting from an en-suite and a modern family bathroom.
The property further benefits from a gated car park and offers one allocated parking bay.The property is offered as chain free and leasehold, with 102 years remaining on the lease.
Service Charge - £2,400 pa Ground Rent - £150.00 pa Situated within the New House Farm development, the property is ideally located for the Royal Orthapaedic Hospital, University of Birmingham, Queen Elizabeth Hospital, Northfield Train Station and Selly Oak TRain Station with links to Birmingham City Centre.
Please call Oakmans today to arrange your viewing!
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 EPC - C Council Tax Band - C All information supplied by the vendor should be confirmed by a Solicitor as Oakmans Estate Agents cannot be held responsible if incorrect.
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 Apartment 24, 28, Griffin Close, Birmingham
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