2-bedroom flat · B1 1LP
To rentListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penthouse apartment with huge dual aspect roof terrace in the highly sought after Postbox development adjacent to The Mailbox. Two parking spaces.
Full Description Davidson Estates are delighted to present this wonderfully presented penthouse apartment in the highly sought after Postbox development adjacent to The Mailbox.
The apartment comprises of entrance hallway with storage, a spacious open-plan living room with Bo concept dining table and chairs, plus terrace furniture LG 49" Real 4K Nanocell TV.
Fully integrated kitchen that opens out to a 540 sq ft private roof terrace with views of the City Centre; master bedroom including king size bed with shower en-suite and walk-in wardrobe, a second double bedroom, and a family size bathroom with overhanging shower.
The property benefits from UPVC double glazing, electric heating, 2 parking spaces (tandem) and 24 hour concierge.
Located next to the Mailbox, the Postbox development is highly sought after for convenience to the central parts of the city including New Street Station (Grand Central) and The Bullring.
The nightlife and eateries are everywhere you look with Marco Pierre Whites at the top of the Cube an absolute must visit for the food, atmosphere and most importantly, the views.
Brindley Place and Broad Street are a short 10 minute stroll down the canal where there are even more places to eat, drink and enjoy.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Apartment 246 Postbox, Upper Marshall Street, Birmingham
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