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See how verdicts work2-bedroom flat · B34 7AH
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A 34% share of this two bedroom modern-style apartment, superbly located near to many local shops and eateries.
Making an ideal purchase for those trying to get onto the property ladder or downsize. With a long lease available of 109 years, as well as off-road parking.
Description ** 34% shared ownership** **long lease available** Burchell Edwards are delighted to bring to market a 34% share of this two bedroom modern-style apartment, superbly located near to many local shops and eateries.
This property can be found on the upper floor of the building and in brief compromises an open-plan living area, bathroom and two double bedrooms, making an ideal purchase for those trying to get themselves onto the property ladder or even to downsize.
There is a long lease available of 109 years and there is also potential to buy the 100% share at £100,000 (speak to branch for more information).
Rent on the 34% is £210 per month and service charges are £140 per month. Off-road parking can be found at the rear of the property and upon purchase you will have a permit.
Location is key as it offers easy access to Birmingham City Centre, local transport links as well as being sat amongst many local amenities/shops.
Viewings are essential to gain a sense of the space and accommodation available. Entrance Hallway Two Celling light points, laminate flooring and two storage cupboards.
Open Plan Lounge/ Kitchen Double glazed window to front and side elevation. Laminate flooring, T.V point, two ceiling light points.
A range of wall and base units with work surface over incorporating a stainless-steel sink with drainer unit, incorporated oven and grill.
Hob with extractor hood, space and plumbing for washing machine, storage cupboard. Bedroom One Double glazed window to front elevation, ceiling light point and carpet flooring.
Bedroom Two Double glazed window to front elevation, ceiling light point, carpet flooring and fitted wardrobes.
Bathroom W.C, wash hand basin, bath with shower over, tiling to splash prone areas, heated towel rail, vinyl flooring and extractor fan.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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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.
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FAQ
About Apartment 205, 7, Ownall Road, Birmingham
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