We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · B15 1AQ
Listing removedListed 994 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A net yield of 9% is available if you do short term lets.
With luxurious finishes throughout, spacious layouts and breathtaking views, The Bank Tower 2 is one of Birmingham's most desirable places to live.
Standing in the city's beating heart, The Bank presents a range of luxurious one, two and three bedroom apartments in Birmingham's tallest residential building.
At over 100 metres in height, this 33 storey skyscraper offers unrivalled views across one of Europe's most vibrant cities and its distinctive network of working canals.
Benefiting from 24 hour Concierge, Private Gym, Residents Lounge, Coffee Bar, Ground floor Restaurants and Shops, Secure and private outdoor green open space, Bicycle stores, Concierge parking.
With the Metro tramline right on the doorstep, an on-site gym, shared open space and ready access to everything offered by this exuberant and multicultural metropolis, life at The Bank just couldn't be more desirable.
Europe's youngest city is a renowned seat of learning, drawing thousands of international students to its five outstanding universities.
A further 15 universities (offering the widest range of courses) are all within an hour's drive.
Attracting more people moving from London than any other city, Birmingham is also at the centre of one of the largest Business, Professional & Financial Services clusters in Europe.
Home to HSBC's new UK banking HQ, Birmingham also boasts large regional offices for such high profile names as Deutsche Bank, Wesleyan, Lloyds, Gowlings and PwC.
LEASEHOLD INFORMATION: Service charge - £3,283 per annum (Approx.) Ground rent - £350 per annum Lease length - 250 years 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.
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
Agent & docs
FAQ
About The Bank Tower 2, Sheepcote Street, Birmingham, B15
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