1-bedroom flat · B1 1RB
Sold STCListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO UPWARD CHAIN ** CITY CENTRE LOCATION ** BALCONY ** WITHIN MAILBOX ** Oakmans offer a well proportioned, one bedroom apartment situated within the highly desirable Mailbox, Birmingham city centre.
This property boasts no upward chain and viewings are highly recommended due to its sought after location, the space within the apartment and the balcony providing city centre views.
The property would make an exceptional first time buy or for professionals looking to be within close proximity to Birmingham city centre and all amenities and transport links the city has to offer.
Royal arch apartments briefly comprises entrance hall, lounge through to modern kitchen, double bedroom and bathroom with multiple integrated storage cupboards.
The property also benefits from having a secure, allocated parking space. The owner has advised us that the property is leasehold and the council tax band is F.
Years left on lease: 127 years Service charge: £4,225 Ground rent: TBC Call Oakmans tod Scan the QR code to see material information provided by the seller.
Oakmans are not liable for any information provided and it must be verified by a legal representative.
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 and is non-refundable.
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
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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 Wharfside Street, Birmingham, B1
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