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See how verdicts work2-bedroom flat · B11 3FR
For saleReduced £15k (−9.7%) on 8 JulListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground floor apartment is ideally situated in the popular residential area of Tyseley, offering excellent convenience for both first-time buyers and investors.
The property sits within easy reach of the highly regarded Olive School and is just a short walk from Tyseley Train Station and Spring Road Station.
There are many bus routes to the City Centre and Solihull providing straight forward access into Birmingham City Centre and surrounding areas.
Inside, the home features a spacious and bright living room, offering ample space for both relaxation and dining. The kitchen is neatly arranged with a practical layout and good worktop space.
The property includes two well-proportioned bedrooms, both positioned off the central hallway, along with a modern bathroom.
The layout is functional and well balanced, making the apartment comfortable for everyday living. The home benefits from a long lease with approximately 132/134 years remaining.
The ground rent is £180 per year, which has already been paid for the current year, and the service charge for the previous year was approximately £1,500.
With its strong location, accessible transport links and nearby amenities, this property represents an appealing opportunity for buyers seeking value and convenience in a well connected area.
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.
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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 2, 40, Spring Road, West Midlands
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