We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · B31 5HA
Listing removedReduced £10k (−11.1%) on 4 AugListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented third floor flat, ready and waiting for its next chapter. This Property is Being sold by ap Morgan Modern Method Auction.
Modern Method Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed.
Please contact ap Morgan to view these documents. When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee.
The Reservation Fee is 4.5% of the agreed sale price with the minimum fee being £6,995 including VAT (this fee is in addition to the final negotiated selling price).
The buyer will also be required to sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed.
If you require a copy of these documents, or for further information, please contact the ap Morgan Team.
This one-bedroom apartment on Tessall Lane presents an exciting opportunity for first time buyers and investors alike, combining a sensible layout with genuinely low-maintenance living.
Early viewing is recommended, as flats of this standard tend not to hang around long.
Step inside and the lounge/kitchen immediately sets the tone, a generously sized space fitted with integral appliances and flooded with natural light through double French doors that open onto the balcony.
It is the kind of room that works equally well for quiet evenings in or entertaining friends, with the balcony itself offering enough space for outdoor seating or dining, ideal for that first coffee of the day or a glass of wine as the sun goes down.
The double bedroom is a real highlight, with plenty of room to spread out and the added bonus of an integral storage cupboard/wardrobe space, keeping everyday clutter out of sight.
The shower room has been recently renovated to a smart, contemporary finish, a further storage cupboard and access to the loft space in the hallway adds that extra bit of practicality that so many flats simply do not offer.
Outside, residents benefit from an allocated parking bay along with additional visitor parking, a real plus point for anyone who has guests round regularly.
The location itself is well placed for day to day life, sitting within easy reach of local schooling, shops and supermarkets, so the essentials are always close to hand.
Whether you are taking your first step onto the property ladder or adding to a growing portfolio, this flat ticks the boxes. Contact the office today to arrange a viewing before it is gone.
Service charge - £170 p/m / £2040 p/a Ground rent - £400 p/a Estate Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We have partnered with a third party supplier to undertake these who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £99 + VAT per buyer and this is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the issuing of a memorandum of sale on the property you would like to buy.
No statement in these details is to be relied upon as representation of fact, and purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained within.
These details do not constitute any part of any offer or contract.
Ap Morgan and their employees and agents do not have any authority to give any warranty or representation whatsoever in respect of this property.
These details and all statements herein are provided without any responsibility on the part of ap Morgan or the vendors.
Equipment: Ap Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition.
Measurements: Great care is taken when measuring, but measurements should not be relied upon for ordering carpets, equipment, etc. The Laws of Copyright protect this material.
Ap Morgan is the Owner of the copyright. This property sheet forms part of our database and is protected by the database right and copyright laws.
No unauthorised copying or distribution without permission.
Hall Lounge/Kitchen (3.02m x 5.39m) Both Max Balcony (2.78m x 1.57m) Storage (1.19m x 1.67m) Shower Room (1.86m x 1.67m) Bedroom One (3.31m x 3.56m) Both Max
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
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 Apartment 6, 531, Tessall Lane, Birmingham
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