2-bedroom flat · B23 6GH
For saleListed 960 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*SPACIOUS 2 BEDROOM APARTMENT** this 2nd floor apartment situated in a popular area, within close proximity to local amenities and transport links.
The property offers in brief: 2 bedrooms Spacious lounge Bathroom Fitted kitchen Intercom entry system Gas central heating and double glazing Call 0121-386-3344 for viewings & further information Address: Tower Road, Erdington, B23 6GH Council tax band: A EPC: C Maintenance charges as at January 2024 are £1601.70 per annum, Ground Rent as at January 2024 are £152.61 every six months, The lease commenced on the 1st September 2004 for a period of 150 years (less one day), RECEPTION ROOM 16' 4" x 16' 1" (5.00m x 4.91m) KITCHEN 6' 11" x 10' 2" (2.12m x 3.10m) BATHROOM 6' 11" x 6' 6" (2.13m x 1.99m) BEDROOM 1 14' 2" x 9' 9" (4.32m x 2.99m) BEDROOM 2 12' 10" x 7' 4" (3.92m x 2.24m) With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property.
However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy.
No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.
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
Agent & docs
FAQ
About Tower Road, Erdington
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