2-bedroom flat · B31 2GR
For saleReduced £10k (−4.7%) on 7 JulListed 125 days
Opportunity summary
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About
A well-presented two-bedroom apartment set within the popular residential area of Rednal, Birmingham, enjoying a highly convenient location close to local amenities, transport links and green spaces.
The property benefits from a desirable position directly opposite Cofton Park, offering attractive open outlooks and a peaceful setting.
Ideal for first-time buyers, professionals or downsizers, this home combines modern living with excellent connectivity to Birmingham city centre and beyond.
The property is approached via a private parking area, benefiting from an allocated parking space together with two communal visitor parking spaces.
Access is gained through a secure communal entrance, with stairs rising to the first-floor landing where the apartment's front door can be found.
Upon entering, a welcoming hallway provides access to the accommodation.
The heart of the home is the open-plan lounge/diner, featuring French doors that open onto a private balcony enjoying attractive views across Cofton Park directly opposite.
The hallway also leads to the master bedroom, complete with an en-suite shower room, a second double bedroom, and the family bathroom.
Two useful storage cupboards complete the accommodation, providing practical space for everyday living.
Groveley Lane is located in the popular residential area of Longbridge, to the south-west of Birmingham.
The property enjoys a convenient position with excellent access to a wide range of local amenities, including shops, supermarkets, restaurants, and leisure facilities at the nearby Longbridge Town Centre.
The area is well served by transport links, with easy access to the A38 and M42 motorway network, making commuting to Birmingham city centre and surrounding areas straightforward.
Longbridge Railway Station is also within easy reach, providing regular rail services to Birmingham New Street and beyond.
Agent note: - Leasehold property - 125 years lease term - 117 years time remaining (end date 22/02/2144) - £150.00 for ground rent, paid annually (approx.) - £1,860.00 for service charge (approx.), can be paid annually, or monthly Location Groveley Lane is located in the popular residential area of Rednal, to the south-west of Birmingham.
The property enjoys a convenient position with excellent access to a wide range of local amenities, including shops, supermarkets, restaurants, and leisure facilities at the nearby Longbridge Town Centre.
The area is well served by transport links, with easy access to the A38 and M42 motorway network, making commuting to Birmingham city centre and surrounding areas straightforward.
Longbridge Railway Station is also within easy reach, providing regular rail services to Birmingham New Street and beyond.
Lounge/Kitchen (6.03m x 3.59m) Max Master Bedroom (4.89m x 3.23m) Max En-Suite (1.49m x 2.08m) Bedroom 2 (3.10m x 2.88m) Bathroom (1.69m x 2.10m) Disclaimer These particulars are for guidance only and based on information approved by the seller.
Accuracy cannot be guaranteed and details may contain errors or omissions. They do not form part of any contract.
We are not surveyors or legal experts and cannot advise on condition, title, or other legal matters. Buyers should instruct their own professionals before making decisions.
Photos are illustrative only and items shown are not necessarily included. Fixtures, fittings and appliances are not tested and may not be in working order. All measurements are approximate.
No liability is accepted for loss from use of these details.
By law we must carry out id and aml checks and review buyers’ financial circumstances before a property can be marked sold subject to contract. This due diligence is required by trading standards.
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Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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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