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See how verdicts work2-bedroom flat · B15 2DR
For saleListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic 2-bed, 2-bath apartment in the popular Washington Apartments, B15.
Featuring an open-plan living space, modern kitchen, fitted storage, master bedroom with ensuite, vacant possession and no upward chain. Ideal for first-time buyers or investors.
Welcome to Washington Apartments, part of a very popular and conveniently located development in the B15 postcode, offering tremendously straightforward access to both Birmingham city centre and the leafy surroundings of Edgbaston.
Sold with no upward chain and vacant possession, this is an excellent opportunity for those looking to move quickly and be settled into a new home before the colder months.
Alternatively, for investors, this represents an attractive btl opportunity, with strong achievable rental rates thanks to its strategic location.
Key features 2 Bed, 2 Bath Apartment Master Bedroom with Ensuite No upward chain vacant possession Both Bedrooms with Fitted Storage Easy-to-Furnish Open-Plan Living Space Walking Distance to Birmingham City Centre This well-presented two-bedroom, two-bathroom apartment comprises an inviting entrance hallway with access to all principal rooms.
The spacious open-plan living and dining area provides a versatile space for relaxing and entertaining, with plenty of natural light and ample room for a dining table and furnishings.
The modern fitted kitchen is positioned within the open-plan living space and offers a practical range of wall and base units, work surfaces and integrated appliances.
The principal bedroom is generously proportioned and benefits from fitted storage and a private ensuite shower room.
The second bedroom also features fitted storage and is well suited as a guest bedroom, home office or additional living space. A contemporary family bathroom completes the accommodation.
Externally, residents benefit from the well-maintained communal areas associated with this popular development, while the property's B15 location provides excellent access to Birmingham city centre, Edgbaston and a wide range of shops, restaurants, bars and amenities.
With vacant possession, no upward chain and strong rental potential, this apartment is ideally suited to both owner-occupiers and investors. Early viewing is highly recommended.
Ownership- 100 % Tenure- Leasehold. We are advised by the vendor that there is approx. 241 years remaining on the current lease.
Service Charge- We are advised by the vendor that the current service charge is approx. £3600.00 per annum. Ground Rent- We are advised by the vendor that the current ground rent is approx.
£350 per annum with review period of tbc * Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed.
Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
Services- Mains Water, mains electricity and mains drainage Local Authority- Birmingham City Council, Council House, Victoria Square, Birmingham, B1 1BB Council Tax Band- D 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Essence has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Essence has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
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FAQ
About 36 Washington Apartment, Lexington Gardens, Birmingham
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