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See how verdicts work2-bedroom flat · B1 2EJ
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**investment opportunity in A prime location with gorgeous canal views and no upward chain!** Located in a modern development on Scotland Street, this lovely two-bedroom apartment offers good access routes and close proximity to the city centre, with Brindley place being a short distance away and offering a lovely canal side walk.
This property benefits of secure parking, gated entrance and the accommodation briefly comprises; kitchen, living room with lovely views of the Birmingham Canals, bathroom, two bedrooms with bedroom one benefitting from an en-suite.
It will be sold as tenant in situ. EPC rating is C. Arrange your viewing to fully appreciate this delightful apartment!
Approach The property is approached via a secure gated communal ground with parking facilities and steps leading to wooden front entry door opening into: Communal Entrance With wooden door opening into: Hallway With a door opening into storage cupboard providing useful storage, further storage cupboard housing the water tank, wooden floor covering, wall mounted electric heater, two ceiling light points, loft access point and doors opening into: Living Room (3.21 x 6.36 (10'6" x 20'10")) With laminate wood effect floor covering, wall mounted electric heater, two ceiling light points, window and doors opening to Juliette balcony giving views to Birmingham Canals.
Kitchen (3.08 x 2.25 (10'1" x 7'4")) With a selection of wall and base units with wooden effect work surfaces over, integrated oven and hob, integrated fridge freezer and dishwasher as well a washer/dryer, stainless steel sink and drainer with mixer tap over, ceiling light point, tiled splash backs and double glazed window to the front aspect Bedroom One (4.71 x 2.72 (15'5" x 8'11")) With ceiling light point, wall mounted electric heater, laminate wood effect flooring, double glazed window to the rear aspect, selection of built-in wardrobes with over head storage, built-in dressing table and door opening into: En-Suite (1.172 x 2.05 (3'10" x 6'8" )) With a low flush WC, sink with two taps over, walk-in shower cubicle with electric shower over, ceiling light point, tiled splash backs, tiled flooring and extractor fan.
Bedroom Two (3.7 x 3.11 (12'1" x 10'2")) With double glazed window, ceiling light point and wall mounted electric heater.
Bathroom With door opening into airing cupboard providing useful storage, wash hand basin with two taps over, tiling to splash backs, bath with mixer tap and shower attachment and low flush WC.
Footage 624.307 sq ft Tenure We have been informed by our vendors the property is Leasehold and the lease term remaining is approximately 99 years, the ground rent is £140.00 per annum and the service charges are approximately £3,000.00 per annum (subject to confirmation from your legal representative).
Council Tax Band According to the Direct Gov website the Council Tax Band for Apartment 12 Balmoral Court, Scotland Street, Birmingham, B1 2RU is band E and the annual Council Tax amount is approximately £2,382.41 subject to confirmation from your legal representative.
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.
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FAQ
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