1-bedroom flat · B1 1SA
For saleListed 380 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great investment opportunity / good for first time buyers!
New to the market, this spacious and well presented one double bedroom apartment is located on the fourth floor of the popular Ridley House development.
The apartment benefits from a long entrance hallway with storage leading into a large open plan living area with wooden flooring, stylish white kitchen with integrated appliances, one large double bedroom with fitted wardrobe, luxury bathroom suite with bath and shower, contemporary design throughout and secure entry-phone access.
Residents have lift access to all floors. Ridley House is just a short walk from Birmingham city centre, New Street station and numerous local amenities.
Can be sold with tenant in situ, so immediate income upon completion of sale. 118 years remaining of the 125 year lease.
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
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FAQ
About Apartment 409, Ridley House, Ridley Street, Birmingham
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