2-bedroom flat · B23 6QH
Sold STCListed 407 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A smartly presented two double bedroom first floor flat in this small single block development close to the Abbey Catholic Church, commuter routes, transport links, amenities and schools.
Benefits include a Cooke & Lewis fitted kitchen, modern replacement Dimplex electric heating, double glazing, bathroom, security intercom with remote main door release, several storage cupboards within this flat plus garage and further cupboard/store at ground floor level, communal grounds and residents car park.
Erdington Cross City Line Rail Station 500m/0.3 miles. Abbey Catholic Primary School just 130m/423 feet. St Edmund Campion Catholic Senior School and modern Leisure Centre within 350m/0.2 miles.
A wide variety of high street shops, amenities, many bus connections and multi-directional commuter routes at Six Ways Island within 1.1km/0.6 miles.
M6 Junction 6/A38 (M) Aston Expressway 3.0km/1.8 miles by vehicle. Council Tax A. Tenure: Leasehold – 125 Years from 24 June 2017 leaving 118 years.
Service Charge: £1,405.66 per year, reviewed annually. Ground Rent: £125 per year reviewed every 15 years. Next RPI Index Linked review in 2032.
Descriptions, floor plans, measurements and photographs of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact.
Please make further specific enquiries to ensure that our descriptions, floor plans, measurements and photographs are likely to match any expectations you may have of the property.
We have not tested any services, systems or appliances at this property.
We strongly recommend that all the information we provide be verified by you on inspection and by your surveyor and conveyancer.
Measurements supplied are for general guidance only and as such should be considered as incorrect. Tenure must be confirmed via solicitors. ALL IMAGES ARE PROPERTY OF WALLER & FARNWORTH LTD.
Entrance Hall - Useful deep airing cupboard 6' 0'' x 2' 5'' (1.83m x 0.74m) Lounge/Diner 14' 1'' x 14' 1'' (4.29m x 4.29m) Fitted Kitchen 11' 0'' x 9' 0'' (3.35m x 2.74m) Bedroom One 12' 2'' x 11' 2'' max/9' 1'' min (3.71m x 3.40m/2.77m) Bedroom Two 15' 1'' x 9' 1'' (4.59m x 2.77m) Bathroom 6' 10'' x 6' 0'' (2.08m x 1.83m) Ground Floor Storage Unit 4' 1'' x 3' 1'' (1.24m x 0.94m) Garage 16' 3'' x 7' 10'' (4.95m x 2.39m)
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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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
FAQ
About Derbridge Court, Sutton Road, Birmingham
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