2-bedroom flat · DY5 1LZ
Listing removedListed 649 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** brilliant investment *** tenant in situ £850 per month income ***This beautiful two bedroom apartment with parking and balcony at Landmark in Brierley Hill. Why you'll like it...
This beautiful two bedroom third floor apartment with parking at The Landmark in Brierley Hill.
This property benefits from floor to ceiling windows letting in lots of natural light, a spacious open-plan kitchen to living space along with two double bedrooms.
The standout feature is the impressive covered balcony to two sides.
The location of the property couldn’t be better either, with a wealth of public transport links and just a stone’s throw from Merry Hill Shopping Centre.
The Landmark is a secure residential block benefitting from fob door entry and lifts. The waterfront canal bowl is within walking distance. Modern method of auction Auction link...
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Where it is... Being part of the Landmark development means access to a host of amenities, making it a highly desirable location for tenants.
From shopping to dining and entertainment, it's a community that tenants love to be a part of.
A phenomenal opportunity with an impressive 8% gross yield, ensuring that your investment remains profitable and sustainable. Material information...
Tenure Leasehold years left on lease- 518 years ground rent- £500 pa Service charge £3,337 pa Property construction: Standard construction Electricity supply: Mains Gas - No gas to apartment Water supply: Mains Sewerage: Mains Heating supply: Mains electric Broadband: Await Vendor confirmation Mobile signal coverage: Please refer to Ofcom website Building safety issues: None that the agent has been made aware of Restrictions: None that the agent has been made aware of Rights and Easements: None that the agent has been made aware of Flood risks or previous flood risks: Please refer to sellers fixtures and fittings forms Past or present planning permissions or applications: Please refer to Dudley Metropolitan Borough Council planning portal Council Tax: C Coalfield or mining area: Please refer to government website Find out if a property is affected by coal mining - () disclaimer: Agents have supplied this information to the best of their knowledge provided by the Vendor.
Agents note: We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items.
Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate.
In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity.
Rather than traditional methods in which you would have to produce multiple utility bills and a photographic id we use an electronic verification system.
This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.
Fixtures and fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded.
However, we would always advise that this is confirmed by the purchaser at the point of offer.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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 307, Landmark, Brierley Hill
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