1-bedroom flat · B14 6DT
For saleListed 484 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A most conveniently situated ground floor apartment for the over 60s which is offered with no chain.
This property comprises of hallway, reception room, kitchen, bedroom, shower room, storage, delightful communal gardens and residents parking. Ep Rating D. Council Tax Band B.
Location: Homepeal House is nestled off Alcester Road South, Kings Heath, a suburb of South Birmingham, five miles south of the city centre.
Kings Heath is a very popular area which grew around the High Street where there are many restaurants, cafes and shops. The location also benefits from nearby doctors and dental practices.
The area is also best known for its wide range of outstanding primary and secondary schools and great transport links in and out of the city centre, including the 50 bus route and the new Train Station in Kings Heath, where construction is due to be complete in the near future.
Kings Heath has two parks in particular Kings Heath Park featuring a Victorian-styled tea room and Highbury Park (on the border with Moseley) both are known for their unusual plants and trees.
Many of the homes in the area date back from Victorian times ranging from terraces to large Edwardian detached homes.
How to get there: Enter into Sat Nav: B14 6DT general advice: Before travelling a distance to view any property, to get a feel for a locality, many think it’s worthwhile exploring the setting on Google Earth / Google Maps Street View.
Summary: * A ground floor retirement property for over 60's only. * A welcoming hallway.
* A spacious reception room with door providing access to small patio area and a beautifully kept communal garden. * Kitchen with base, drawer and matching wall mounted cupboards.
The kitchen benefits from space for Freestanding oven and fridge freezer. * One bedroom which benefits from built in storage and window overlooking the beautiful gardens.
* A shower room with shower cubicle, low level W.C and vanity wash hand basin. * Entryphone system and emergency cords throughout. * Residents parking subject to availability.
* Access to residents lounge, launderette and beautifully kept communal gardens. General information: Tenure: The agents understand that the property is Leasehold.
The lease commenced for 125 years on 1st March 1988.
Service charge is £268.83 per month and Ground Rent is £41.83 per month (paid half yearly) which includes water, buildings insurance, maintenance and cleaning of common areas.
Services: Heating is provided by storage heaters. The consumer protection regulations These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point which is of particular importance, verification should be obtained before viewing.
The Agent has not tested any apparatus, equipment, fixture or fittings or services and so cannot verify that they are connected, in working order or fit for the purpose intended.
Items in photographs are not necessarily included. All measurements are approximate. These details do not constitute a contract or part of a contract.
The Agent has not checked legal documents to verify the Freehold/Leasehold status of the property or that necessary planning permissions have been obtained.
Interested parties are advised to obtain verification from their solicitor or surveyor.
Money laundering regulations Under government regulations we are required to carry out prescribed identity checks on all purchasers and also obtain precise details of funding for their purchase.
This must be done before agreeing a sale. We will carry out these checks, electronically and as soon as you make an acceptable offer on a property.
There is a charge of £36 for one person and £54 for two or more. Prices are inclusive of VAT and are non-refundable.
Floor plans Where shown, the plan is for illustration purposes only and is not to scale.
The floor area shown is taken from the EPC calculations and is therefore approximate and will include only habitable areas.
Property information questionnaire A copy of the Property Information Questionnaire is available about this property at our office.
This has been completed by the Seller to provide comprehensive information about the property which will be of relevance to any intending Purchaser.
Fixtures and fittings Only those items mentioned in these particulars are included in the sale. All other items are excluded.
General advice All interested parties should check availability and explore the situation of a property on Google Earth/ Google Street Maps Street View before viewing. Viewings are via the Agents.
Referral fees Referral fees may be paid to us for referring clients to mortgage, insurance, surveying and conveyancing services which can range from £50 to £200.
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.
Area
Agent & docs
FAQ
About Flat 6, Home Peal House, 231, Alcester Road South, Birmingham
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