1-bedroom flat · B38 9RL
For saleListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This well-maintained one-bedroom upper floor maisonette offers an excellent opportunity for first-time buyers or investors looking for a ready-to-move-into home.
The property provides a comfortable and private living arrangement, with a bright and spacious lounge that benefits from a large window allowing plenty of natural light to fill the room - creating an ideal space for relaxing or entertaining.
The kitchen is well-proportioned and practical, offering ample room for cooking and everyday storage.
The generous double bedroom is a standout feature, complete with built-in storage and space suitable for a walk-in wardrobe style setup.
The home is further complemented by a neatly presented bathroom and three additional storage cupboards, providing useful extra space throughout.
Further benefits include gas central heating, double glazing, and allocated parking.
Lease and Payment Information: • Approximately 102 years remaining on the lease • Service charge: £260 per annum • Ground rent: £176 per annum 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, Kotini, 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 28, LYNFIELD CLOSE, BIRMINGHAM
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