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 work2-bedroom flat · B12 0NP
For saleReduced £10k (−7.7%) on 8 OctListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Midland Housing is delighted to present this two-bedroom second floor apartment situated at Rea Place, Digbeth.
Offering modern and practical accommodation throughout, the property comprises an open-plan kitchen and lounge area, two bedrooms, and a family bathroom.
Benefiting from electric heating, this property presents an ideal investment opportunity while also appealing to professionals and students seeking convenient city living.
Ideally located within the vibrant Digbeth area, the property enjoys excellent transport links, providing easy access to Birmingham City Centre and beyond.
A wide range of local amenities, educational institutions, and leisure facilities are all within close proximity.
Accommodation Open Plan Kitchen / Lounge – A bright and spacious open-plan living area featuring laminate flooring and a window allowing for natural light.
The kitchen is fitted with a range of wall and base units, offering practical storage and workspace while seamlessly integrating with the lounge area to create a versatile living environment.
Bedroom One – The principal bedroom is a well-proportioned double room featuring carpeted flooring and windows providing natural light, creating a comfortable and welcoming space.
Bedroom Two – A generously sized second bedroom currently utilised as a guest bedroom, benefiting from laminate flooring, a radiator, and a large window overlooking the surrounding area.
Bathroom – A well-appointed bathroom comprising a panelled bath, wash hand basin, and low-level WC. Finished with tiled walls and flooring, the room provides a practical and easy-to-maintain space.
General Information EPC Rating – B Tenure – We are informed that the tenure of the property is Leasehold with 104 years remaining on the term.
Prospective purchasers should seek verification from their Solicitor. We are informed the service charge is approximately £148.19. Prospective purchasers should seek verification from their Solicitor.
Money Laundering Regulations – Intending purchasers will be asked to produce identification documentation at a later stage, and we would ask for your co-operation to ensure there is no delay in agreeing the sale.
Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.
Consumer Protection from Unfair Trading Regulations 2008 – The Agent has not tested any apparatus, equipment, fixtures and fittings or services and cannot verify that they are in working order or fit for purpose.
Purchasers are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of the property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. Items shown in photographs are not included unless specifically mentioned within the sales particulars and may be available by separate negotiation.
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
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
.png)
FAQ
About Flat 11, 4 Rea Place, Digbeth, Birmingham
Explore nearby