2-bedroom flat · B36 8AN
For saleReduced £4k (−2.9%) on 6 AugListed 483 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Midlandwide are delighted to offer to the market a ideal investment or family home being a well-maintained 2-bedroom 2nd floor flat.
The property comprises 2-Bedrooms, fitted kitchen with appliances, Garage En-Block and secure communal areas.
Approach Accessed via secure communal areas and located on the second floor, the property is accessed via a wooden entry door leading into….
Entrance hallway With alarm (not tested) telephone entry intercom, loft access point, borrowed light windows to living room, overhead borrowed light window to shower room aspect and doors leading into the following accommodation; Living room 12'5'' x 12'6'' (3.79m x 3.83m) With wall mounted electric panel heater, cornice to ceiling, UPVC double glazed windows to balcony and front aspect and UPVC double glazed door providing access and views to balcony.
Fitted Kitchen 9'3'' x 11'7'' (2.84m x3.54m) With wall mounted electric panel heater, a selection of matching wall and base units incorporating roll top work surfaces, stainless steel sink and drainer with chrome effect mixer tap over, integrated 'prima' electric oven in built under unit, with four hobs and filter extractor fan over, space for appliances including washing machine and fridge freezer, tiling to relevant splash back areas, UPVC double glazed window to front aspects and wooden door accessing pantry providing storage space.
Bedroom one 17'0'' into wardrobes x 11'11'' (5.19m x 3.65m) With an wall mounted electric panel heater, UPVC double glazed window to rear aspects and two built in wardrobes.
Bedroom two 11'11'' x 9'6'' (3.65m x 2.9m) With an electric storage heater, UPVC double glazed window to rear aspect, cornice to ceiling and wooden door accessing built in wardrobe.
Shower room 5'7'' x 6'8'' (1.71m x 2.04m) With low flush WC, pedestal hand wash basin with chrome mixer taps and Hygienic wall cladding to floor to ceiling, walk in shower cubicle with 'Triton' electric shower, shaver point, wall mounted electric heater, wall mounted extractor, borrowed light window to kitchen aspect and airing cupboard accommodating water tanks.
Balcony Balcony providing views of well maintained communal garden areas. Garage Located En-block and accessed via up and over door.
Outside With well maintained communal garden areas surrounding the block, with communal shared parking. Lease Term 189 years from 25th march 1975. Ground rent £100 per annum.
Service charges The service charges are collected by Cannon Jones Estate Management .
The service charge figures for the period 24th June 2024-24th December 2024 were £1,292.00 half yearly Investors welcome currently Let on a AST 7% yield Agents notes The agent has not tested any apparatus, equipment, fixtures or fittings or services and so cannot verify they are in good working order.
The buyer is advised to obtain verification from their solicitors. Property misdescription act 1991 The agent has not checked the documentation to verify legal status of the property.
A buyer must not assume the information is correct, until his/her own solicitor has verified it.
The measurements supplied are for the general guidance only, and as such; the condition of the structure is not implied upon the photograph of the property.
The sales particulars may change in the course of time, any interested party is advised to make a final inspection of the property prior to exchange of contracts.
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 11, Bromford Road, Birmingham
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