3-bedroom flat · B16 9NJ
For saleReduced £12k (−4.9%) on 21 JunListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented and extremely spacious art-deco apartment situated in this desirable location in Edgbaston, within convenient proximity of Birmingham City Centre.
Positioned on the third floor of the development, this beautifully maintained three bedroom apartment provides over 1000 square feet of internal accommodation which includes a re-fitted kitchen and shower room.
The property is set within beautifully maintained communal grounds which includes residents parking available upon request, the property is leasehold and completely double glazed with the management charge also including the cost for central heating and hot water and also providing a share of the freehold.
The property is set within a superbly maintained communal area which provides both lift access and stairwell to the apartment which is situated on the top floor.
As you enter the property you are welcomed in with an eye-catching refurbished original herringbone parquet floor which stretches across the majority of the property.
The internal accommodation comprises reception hallway, a refitted kitchen with built-in oven and electric hob, there are three good sized bedrooms which all include built-in wardrobes, and the property is completed with a refitted bathroom.
The property is located in this quiet and leafy neighborhood which is in very close proximity to the Hagley Road, providing frequent and convenient access into Birmingham City Centre.
The property is also ideally located for qe Medical Complex, Harborne and Bearwood High Street which provide a range of independent stores and well-known supermarkets, along with highly regarded eateries and gastro-pubs.
Leasehold Information We have been advised that the property is a leasehold with approximately 96 years remaining on the lease, with an annual service charge payable of approximately £4400 which includes the hot water and heating at the property, building insurance and a share within the freehold.
There is no annual ground rent payable.
(Please ensure your solicitor verifies the lease and service charge information prior to purchase) Property Room Dimensions Entrance Hall (8.15m x 1.02m) Living Room (5.13m x 3.91m) Kitchen (3.63m x 3.30m) Shower Room (3.38m x 1.78m) Lavatory (1.37m x 1.04m) Bedroom 1 (3.91m x 3.73m) Bedroom 2 (3.38m x 2.39m) Bedroom 3 (3.66m x 3.30m) Estate agents operating in the UK are required to conduct Anti-Money Laundering (aml) checks in compliance with the regulations set forth by hm Revenue and Customs (hmrc) for all property transactions.
It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed.
Our estate agency uses Coadjute’s Assured Compliance service to facilitate the aml checks. A fee will be charged for each individual aml check conducted.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 14, Melville Hall, Holly Road, Edgbaston
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