2-bedroom flat · B16 8WG
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom, two-bathroom, ninth-floor apartment situated in The Bank development just off Broad Street, Birmingham city centre. The apartment is being offered with no chain.
The development is accessed from the road via a security fob operated door opening into the communal foyer with concierge. The ninth floor can be reached via the communal lift of stairs.
The apartment opens into an initial entrance hallway with large storage cupboard containing the electric boiler and doors to the accommodation.
There is an open plan kitchen, lounge/diner with views across the city. The kitchen has a range of floor and wall mounted units, electric oven, hob and extractor and space for appliances.
The master bedroom has a built in wardrobe and a en-suite shower room with shower cubicle, wash hand basin and low level w/c.
There is a second double bedroom and family bathroom with panelled bath with shower and glass screen over, low level w/c and wash hand basin.
Property Information Tenure - Leasehold Length of lease - 242 years remaining. Service charge - £3,414 per annum. Ground rent - £350 per annum. Local authority - Birmingham city council.
Council tax band - E EPC rating - C
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 advisors 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
.png){kind=logo}
FAQ
About 74 The Bank, 60, Sheepcote Street, Birmingham
Explore nearby
