2-bedroom flat · B17 0NQ
For saleReduced £10k (−6.1%) on 21 JunListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 2 Double Bedroom Apartment With En-Suite Offered for sale with tenant in situ, this middle floor two-bedroom apartment presents an excellent investment opportunity within the highly sought-after area of Harborne.
The property is accessed via a secure communal entrance with intercom system, leading through well-maintained communal areas to Apartment 29.
Internally, the apartment offers a welcoming entrance hall with useful storage cupboard, a bright and spacious open-plan living/kitchen/dining area.
The principal bedroom benefits from built-in wardrobes and a modern en-suite shower room, while the second bedroom is another well-proportioned double room overlooking the communal green spaces.
A separate bathroom fitted with a white suite and shower over bath completes the accommodation.
The development is surrounded by attractive communal gardens with established trees and hedgerows, alongside ample resident parking and a screened communal bin store.
Harborne continues to be one of Birmingham’s most desirable suburbs, offering an excellent selection of cafés, restaurants, bars and shops including Marks & Spencer Food Hall and Waitrose.
The property also provides convenient access to Birmingham University, Queen Elizabeth Hospital and Birmingham City Centre, with excellent transport links and highly regarded local schools nearby.
Leasehold Information: Approx. 103 years remaining on the lease Service Charge: Approx. £2,100 per annum Ground Rent: Tbc by 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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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 29, Metchley Rise, Birmingham
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