1-bedroom flat · B15 2DU
For saleReduced £5k (−2.7%) on 3 FebListed 760 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning fully furnished 1 BEDROOM apartment is located on the THIRD FLOOR in Lexington Gardens development in the heart of Birmingham.
The apartment offers a modern open plan living/dining and kitchen area with custom designed high gloss kitchen, integrated appliances and tiled bathroom.
***One parking spaces is included.***Option to buy one more parking*** Lexington Gardens is one of largest residential neighbourhoods in Birmingham City Centre.
It is very easy to access Five Ways and New Street Station. This modern apartment really is the definition of stunning.
With a good sized open plan living area, this property certainly offers space and style. Properties in this specific location are in high demand as Park Central carries a good reputation.
Tenure: Leasehold Length Of Lease: 244 Annual Service Charge Amount: £1,875 Annual Ground Rent Amount: £250 EPC: C Council Tax Band: A
Value & comps
No previous sales on record.
Returns
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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.
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