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See how verdicts work2-bedroom flat · B31 2TD
For saleReduced £10k (−9.1%) on 13 OctListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ** no chain ** ** popular location ** ** ideal for ftb / btl ** ** communal gardens ** ** lower ground floor ** ** long lease ** This well-presented two-bedroom apartment offers an excellent opportunity for both first-time buyers and investors seeking a buy-to-let property.
Offered with no onward chain, the property is in good condition and has recently been refurbished, allowing for a smooth and hassle-free purchase.
With a rental yield of 10.8%, the property currently achieves £995PCM.
The apartment features a spacious and bright layout, including a generously sized kitchen with ample space for appliances, making it both practical and functional for everyday living.
There is also a well-appointed family bathroom and two comfortable bedrooms, ideal for couples, small families, or tenants.
Residents can also enjoy access to communal gardens, providing a pleasant outdoor space.
Local Amenities: The property is ideally located on Bristol Road South, offering easy access to a wide range of local amenities.
Northfield Shopping Centre is nearby, providing supermarkets, retail stores, cafés, and essential services.
There are also numerous local shops, restaurants, and leisure facilities within walking distance, catering to day-to-day needs.
Transport Links: The apartment benefits from excellent transport connections. Bristol Road South is a main arterial route offering direct access to Birmingham City Centre and surrounding areas.
Regular bus services run along this route, providing convenient public transport options.
Northfield Train Station is also within easy reach, offering rail services into Birmingham New Street and beyond, making it ideal for commuters.
Educational Facilities: There are several well-regarded educational institutions in the area, including primary and secondary schools, making this a practical location for families.
In addition, the property is conveniently situated for access to further education providers and the University of Birmingham, which is just a short distance away.
Overall, this attractive and conveniently located apartment combines modern living with excellent local amenities and transport links, making it a superb choice for a variety of buyers.
Lease - 979 years Ground Rent - 250 Service Charge - 2,200 Council Tax - A Please scan the qr code for material information provided by the seller.
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-refundab
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.
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FAQ
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