Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · B18 6BG
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern auction property - T&c's and Buyers Fees Apply.
An incredibly spacious and well presented third floor apartment situated in a most popular development a short walk from Jewellery Quarter Train Station and a variety of shops, bars and restaurants.
The property is currently tenanted and offers accommodation comprising a very spacious open plan lounge/kitchen/diner, large double bedroom with fitted wardrobes, a four piece bathroom and secure allocated parking The property is accessed via a secure communal entrance leading into a communal entrance hallway.
From here there is lift and stairs access to all floors, and on the third floor a private front door leads into Entrance Hallway With ceiling spot lights, radiator, wood effect flooring, useful storage cupboard and doors leading off to Very Spacious Open Plan Lounge/Kitchen/Diner - 12.12m max x 5.87m max (39'9" max x 19'3" max) Being fitted with a range of wall, drawer and base units with complementary work surfaces over, sink and drainer unit with mixer tap, four ring ceramic hob with extractor canopy over and inset electric oven.
Integrated washing machine and dishwasher, space for American style fridge/freezer, breakfast bar, wood effect flooring, three radiators, spot lights to ceiling, wall light points and large double glazed windows Large Double Bedroom - 6.45m max x 4.04m max (21'2" max x 13'3" max) With large double glazed windows, fitted double wardrobe, wood effect flooring, radiator and wall light points Four Piece Bathroom Being fitted with a four piece white suite comprising a panelled bath, separate shower enclosure with thermostatic shower over, wall mounted wash hand basin and a low flush W.C.
Tiling to water prone areas, tiled flooring and spot lights to ceiling Parking The property further benefits for a secure allocated parking space Tenure We are advised by the vendor that the property is leasehold with approx.
124 years remaining on the lease, a service charge of approx. £4,522.12 per annum which includes water and a ground rent of approx. £300 per annum.
We would advise all interested parties to obtain verification through their own solicitor or legal representative. EPC supplied by Vendor.
Current council tax band – F Property Misdescriptions Act Smart Homes have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order.
All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract.
Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisers 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
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FAQ
About 99 New Hampton Lofts, 99 Branston Street, Birmingham
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