2-bedroom flat · B15 1DY
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This recently completed two-bedroom, two-bathroom penthouse on the top floor in the Arden Gate development is available to purchase by both owner occupiers and buy-to-let investors, with strong yields and luxury finish throughout.
The property has high ceilings and large, floor to ceiling windows with great views of the city.
Arden Gate is the perfect escape from the intensity of city life as this calm retreat offers residents the best of both worlds, with the development being in a quiet area and also the luxury of having the city centre just on their doorstep.
The property comes with a secure and allocated parking space. The property also benefits from the original build warranty.
The property features a spacious living and dining area with the kitchen being fully integrated with a fridge/freezer, wine fridge, microwave and dishwasher.
The washing machine is in a separate cupboard. The two double bedrooms are generous in size with fitted wardrobes and the master having access to an ensuite shower room.
The main bathroom is spacious and has a shower over bath.
The property is currently tenanted with an exceptional yield of 6.3%, Please contact the team for more information on the tenancy and option to purchase to live in the property.
This stunning development is 0.6 miles from Birmingham New Street station, the perfect commute for working professionals coming in and out of the city.
Arden Gate is also only 0.4 miles away from The Mailbox, meaning that top fashion brands and a wide variety of eateries are never far away.
Indico is located here which celebrates Indian street food and cultural heritage, with a menu focusing on bringing the best Indian flavours and dishes to the UK.
Approximate service charge: £2210.90 Approximate ground rent: £350pa Approximate lease length: 141 years EWS1 status: B1 Living Area Open plan living/dining area with high ceilings and fantastic views Kitchen Integrated kitchen with a fridge/freezer, wine fridge, microwave and dishwasher.
Bedroom 1 Spacious double bedroom with fitted wardrobes and access to the en-suite. En-Suite En-suite bathroom with walk in shower. Bedroom 2 Double bedroom with fitted wardrobes.
Main Bathroom Family bathroom with shower over the bath.
Airing Cupboard Storage cupboard, housing washing machine and hot water system - Upon formal acceptance of an offer, all purchasers will be asked to produce identification and full details of their chosen solicitor.
In order to avoid delays, this must be produced swiftly. Unreasonable delays may result in the acceptance being withdrawn.
- These property details do not constitute part or all of an offer or contract.
- Purchasers are advised to check the measurements before committing to any expense as many of the measurements are taken directly from the developer’s original floorplans.
Changes or adjustments may have been made since, or the original measurements may have not been accurate.
- Apparatus, equipment, figures, fittings, goods or services have not been formally checked by FleetMilne. It is in the purchaser’s interest to check the working condition.
Access can be arranged in order to do so – please just request an additional visit via our team.
- The legal title of the property has not been checked by FleetMilne, purchasers are advised to instruct their solicitor to do this.
- It is understood that FleetMilne may earn commission from a solicitor, licensed conveyancing company, insurance company, or mortgage company if successful in providing financial services to the Owner and/or the Purchaser of the Property, or anyone involved in the property chain.
This involvement should help us to follow the progress of the sale.
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
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FAQ
About 602, Arden Gate, Birmingham
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