1-bedroom flat · B1 3QQ
For saleReduced £2k (−2%) on 30 SepListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Richard lighton house | one bedroom | 2nd floor | canalside | vacant | no chain Richard Lighton, offers an excellent opportunity to enjoy convenient city-centre living in one of Birmingham's most vibrant areas.
The property benefits from a highly accessible central location, placing residents within easy reach of Birmingham's extensive range of shops, restaurants, cafés, entertainment venues and leisure facilities.
Excellent transport links also provide convenient access to Birmingham New Street station, surrounding neighbourhoods and the wider West Midlands.
The apartment is ideally suited to a range of buyers and tenants, including professionals, first-time buyers and investors seeking a property in a well-connected Birmingham location.
With Birmingham city centre continuing to offer a diverse mix of employment, retail, leisure and cultural amenities, this property provides a practical base for modern urban living and an attractive investment opportunity.
Important Information: Service Charge: £1200 pa Ground Rent: £100 pa Years remaining on lease: 90
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
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FAQ
About Flat 9 Richard Lighton House, 67, Parade, Birmingham
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