1-bedroom flat · B9 5JP
Listing removedListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GROUND FLOOR ONE BEDROOM MAISONETTE ** NO UPWARD CHAIN *** ****SITUATED IN A QUIET LOCATION*** AVAILABLE NOW Call 0121 783-3422 THIS IS AN IDEAL FIRST TIME BUY OR BUY TO LET PROPERTY A one bedroom ground floor flat briefly comprising of: entrance hallway, LOUNGE, KITCHEN, BEDROOM and SHOWER ROOM.
The property is in need of some updating, The property also benefits from double glazing and rear garden.
EARLY VIEWING IS ESSENTIAL TO AVOID DISAPPOINTMENT EPC Rating: awaiting Additional Information - The property is LEASEHOLD 125 years from 17/6/1991, therefore expiring 2116 (approx.
90 years unexpired) £10 per annum ground rent (fixed) Service charge inc building’s insurance approx.
£280 per annum (TBC) This information will need to be checked via a solicitors Mobile Coverage EE - 86% THREE -83% VODAFONE - 82% O2 - 74% Broadband Availability Standard13 Mbps1 MbpsGood Superfast--Not available--Not availableUnlikely Ultrafast1800 Mbps220 Mbps
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
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FAQ
About Alveston Grove, Birmingham
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