2-bedroom flat · B4 6GR
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This former show home in Elevates 'Gunsmith House' development, has been professionally interior designed, decorated and furnished throughout to create an elegant living space.
This historic setting, in Birmingham's Gun Quarter', is ideally placed within 300m of Snowhill station and The Colmore Business District which includes the 'Snowhill offices'.
As one of the largest apartments in the development, this first floor home provides a seamless turnkey solution offering 'ready to move into' accommodation allowing purchasers to move in or let immediately while enjoying a beautifully coordinated interior.
Whilst most of the development is new build, this specific apartment is a conversion of former 'Gunsmiths' workshops, adding to it's character and charm.
The development boasts a communal courtyard garden and exclusive residents' lounge, creating a welcoming community atmosphere in one of Birmingham's most desirable city centre locations.
The final bonus is the gated and allocated car parking space to the rear which has access to EV charging. This beautiful apartment is well worth a view and available for immediate occupation.
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 Gunsmith House, 61 Price Street, Birmingham, B4
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