2-bedroom flat · B4 7FL
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom, two bathroom mezzanine penthouse apartment located within the sought after Cardigan Wharf building at Glasswater Locks.
Glasswater Locks is a landmark canalside development that connects Birmingham's thriving Eastside district with the city's dynamic Learning Quarter.
Designed to foster a vibrant community atmosphere, the development blends attractive landscaped surroundings with a comprehensive range of resident amenities, creating a peaceful waterside environment within easy reach of the city centre.
Residents benefit from access to the exclusive Canal side Club, offering an impressive collection of lifestyle and wellness facilities.
These include a library lounge, meeting room, 24 hour concierge service, co working spaces, coffee bar, private gym, and a cinema room, perfectly suited to both modern working patterns and leisure time.
The development also features extensive outdoor areas, including landscaped gardens, open green spaces, and elevated residents only courtyard gardens, all carefully designed to maximise natural light throughout the scheme.
Inspired by the neighbouring canal, the surrounding landscaping provides a tranquil setting ideal for relaxing, reading, or enjoying scenic walks and runs along the waterfront.
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
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 818 Cardigan Wharf Glasswater Locks, 3 Pitt Street, Birmingham
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