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See how verdicts work2-bedroom flat · B16 8EQ
For saleListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Oakmans Estate Agents are delighted to present this beautifully presented two-bedroom apartment, ideally situated within The Purple Apartments on Broadway, Birmingham.
This modern and well-maintained property offers the perfect balance of privacy and convenience, making it an ideal purchase for first-time buyers, professionals, or investors looking for a centrally located home with excellent access to amenities and transport links.
The property benefits from resident parking, a private balcony with impressive cityscape views, and is offered with no upward chain, allowing for a smooth and straightforward purchase.
Upon entering the property, you are welcomed into a spacious and contemporary open-plan living and kitchen area, designed to maximise both comfort and functionality.
The living space provides ample room for relaxing and dining, while the kitchen is well-equipped with modern fittings and storage, making it ideal for everyday living and entertaining.
The private balcony extends from the living area and offers pleasant views across the Birmingham skyline.
The apartment further comprises two well-proportioned double bedrooms, with the main bedroom benefiting from access to a stylish en-suite bathroom.
A second modern bathroom serves the remaining bedroom and guests, providing both practicality and convenience.
The Purple Apartments are located in a highly desirable area of Birmingham, offering excellent access to the city centre, Brindleyplace, Broad Street, and the Mailbox, all within easy reach.
The location benefits from a wide range of nearby amenities including supermarkets, restaurants, cafés, gyms, and leisure facilities.
Excellent transport links are available with regular bus routes along Ladywood Middleway, easy access to major road networks including the A38, and convenient connections to Birmingham New Street and Five Ways train stations, making commuting simple.
The area is also well-served by reputable schools and educational facilities, further enhancing its appeal.
This fantastic apartment offers modern city living in a convenient and well-connected location and must be viewed to be fully appreciated.
Council Tax : E Years left on lease : 102 years Service charge : £5000 annually Ground rent : £200 annually Call Oakmans today to arrange a viewing!
Anti-money Laundering Checks (aml) 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
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
Agent & docs
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FAQ
About 34 THE PURPLE APARTMENTS, BIRMINGHAM
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