2-bedroom flat · B15 2DN
For saleReduced £10k (−4.4%) on 20 SepListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description **top floor penthouse - two bathrooms - allocated parking** Oakmans are delighted to offer this fantastic apartment for sale.
Situated within close proximity to Birmingham City Centre, local amenities and excellent transport links.
The apartment has passed EWS1 Cladding Certificate and comprises; open plan living room and modern fitted kitchen. With floor to ceiling windows and Juliette balcony.
Two double bedrooms, both with built in wardrobes and the master having a family bathroom.
The apartment further benefits from an additional shower room, hallway storage and an allocated parking space. Call Oakmans today to arrange your viewing now.
Disclaimer – We have been advised by the owner that the property is Leasehold, and the owner has provided us with the following details of the Lease: Property type: Apartment Tenure: Leasehold Council Tax Band: B EPC Rating: D Construction Type: Standard construction Parking Arrangements: Allocated parking Broadband: Fibre (FTTP) Mobile Signal Coverage: No known issues Water Supply: Mains Sewerage: Mains Electric: Mains Heating Supply: Electric Building Safety Issues: No Special Conditions: None Flood Risk or Previous Flooding: No Mine Shafts/Coal Fields/Erosion: No Restrictions: No Rights and Easements: No Planning Permissions: No Local Developments: No Current service charge per annum is £3347.60 Current ground rent per annum is £300 The term of the Lease is 245 years remaining Call Oakmans today!
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.
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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.
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About 41 MELROSE APARTMENTS 2A, BIRMINGHAM
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