2-bedroom flat · B5 6BF
Listing removedReduced £250 (−9.1%) on 17 AugListed 156 days · slow let
Opportunity summary
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About
Available from 1st June - Lets Live are delighted to present this exceptional two bedroom, four bathroom duplex apartment, located within Priory House - a striking redevelopment by the highly regarded local developer, Elevate Property Group.
Formerly the Birmingham Forensic Science Service, Priory House Lofts has been thoughtfully transformed into a unique collection of one, two and three bedroom apartments, blending characterful heritage with contemporary living.
Inspired by the building’s industrial past, each apartment has been finished to an exceptional standard throughout.
High quality specifications include bespoke Kensington kitchens with a full range of integrated appliances, elegant herringbone flooring, and premium Duravit sanitary ware.
Impressive 2.7m ceiling heights enhance the sense of space and natural light, creating a sophisticated loft-style environment.
This particular residence is an expansive duplex apartment, offering two generously sized bedrooms - each with fitted wardrobes and stylish en-suite bathrooms.
The property further benefits from a spacious study, separate utility room, dedicated dining area, and two distinct lounge spaces. Offered on a fully furnished basis, including all white goods.
*Summary & Exclusions:* - Available 1st June - Rent: £2,500 per month - Deposit: £2,884 - Bills: Not included - Furnish Type: Fully furnished - Let Type: Long term - Parking: Included for one car - EPC Rating: C - Council Tax Band: F
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Priory House Lofts, Gooch Street North, Birmingham
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