We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · B1 1SZ
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free ~ 2 bedroom 2nd floor apartment in A gated development ~ secured parking ~ canalside TMS Estate Agents are delighted to offer to the market this 2 Bedroom 2nd floor apartment located in the very popular Canal Wharf development just a short walk to both New Street Station and The Mailbox shopping centre and only a 10 minute drive to the M6.
Enjoying a canal front location, this modern apartment enjoys open plan living room with Juliette balcony, fully fitted kitchen with integrated white goods, two double bedrooms, one with fitted wardrobes and a shower room.
Other benefits include full concierge service, communal grounds, secure parking and electric heating. Close by you will find exclusive shops, bars, cafes & restaurants and local amenities.
10 mins drive to the M6 motorway. We have been advised that there is 132 years left on the lease, the service charge is £804 quarterly and the ground rent £250 p.a.
These figures need to be confirmed by your legal advisor. This apartment is a great investment opportunity with potential to sell with the tenant in situ, however vacant possession is also offered.
The current rent is £1150pcm. Call TMS Estate Agents today to book your accompanied viewing. Communal Entrance Gated development with full concierge service, lifts to all floors.
Apartment Entrance Hall Lounge Double glazed patio doors with Juliette balcony, carpet, open plan to kitchen.
Kitchen Modern kitchen with plenty of cupboard space, electric oven and hob, integrated washing machine, dish washer and fridge freezer. Bedroom 1 Double glazed window, carpet, fitted wardrobe.
Bedroom 2 Double glazed window, carpet Shower Room Shower cubicle, low flush W.C and vanity wash hand basin. External Parking Secured parking for 1 car.
Agents Note Should a purchaser(s) have an offer accepted on a property marketed by TMS Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £50 plus. VAT or £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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
Agent & docs
FAQ
About 20 Waterfront Walk, Birmingham
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