2-bedroom flat · B31 2GJ
Sold STCListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description *** Two Bedrooms - Second Floor - Beautifully Presented - Prestige Location *** An elegant and charming two bedroom second floor apartment situated within the Manor House on the New House Farm Drive Development.
This beautiful apartment offers spacious accommodation and boasts two car parking spaces.
This wonderful building was refurbished and restored by renowned developer Crest Nicholson and blends the very best modern touches, whilst maintaining the original period design of the Manor House.
This building is set within well maintained grounds with excellent network links providing easy access to Birmingham City Centre and surrounding areas.
The property offers a communal secure entrance with a court yard and stairs leading to the apartment.
There is a welcoming entrance hallway with feature panelling which leads to the bright and airy open plan lounge and modern fitted kitchen.
The kitchen offers an array of integrated appliances including oven and hob, fridge freezer and washing machine.
There is a modern bathroom with WC, hand wash basin and a bath with shower head over, along with two spacious bedrooms with the master bedroom offering a shower en-suite facility.
There are panoramic views throughout the apartment overlooking the development of many trees and greenery surrounding the Manor House.
Situated ideally for access to the qe Hospital and Royal Orthopaedic hospitals along with access to University of Birmingham and access to public transport links.
This truly stunning apartment must be viewed to appreciate what the property has to offer. Call Oakmans today to arrange your viewing!
We have been advised by the vendor that the property is Leasehold and council tax band D Please note this information needs verifying via a solicitor and Oakmans cannot be responsible.
Lease Term - 246 years Ground Rent - £130 per year Service Charge - £1480 per month Scan the qr code to see material information provided by the seller.
Oakmans are not liable for any information provided and it must be verified by a legal representative.
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 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
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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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