2-bedroom flat · B3 2NH
For saleReduced £10k (−4.5%) on 3 SepListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hadleigh Estate Agents are delighted to offer this fantastic two bedroom apartment for sale. Offered with no chain the property boasts move in ready accommodation.
Located on New Market Street, the apartment is conveniently located for all the City Centre has to offer.
The property is situated on the third floor and comprises, entrance hallway and open plan living area. Allowing for lounge, dining area and fitted kitchen, benefitting from integrated appliances.
Along with two double bedrooms, the master bedroom boasts en-suite bathroom, complete with fitted bath and shower over. The apartment is further served by an additional shower room.
EPC Rating: B Location New Market Street is located in the Financial District of the city, just a 0.1 mile walk to Snow Hill station, and surrounded by an array of bars and restaurants all within easy reach.
A short walk away is the ever popular Bullring, along with a number of excellent transport links on offer. Entrance Hall Welcoming entrance hallway, giving access to all accommodation.
Electric heater, ceiling light point and intercom system. Lounge Diner Spacious lounge and dining area, boasting three double glazed windows, electric heater and laminate flooring.
Kitchen Fitted kitchen benefitting from a range of base and wall units, including integrated dishwasher and washing machine.
Fitted oven and extractor over, partially tiled splashbacks, ceiling spotlights and double glazed window.
Master Bedroom Excellent master bedroom boasting access to en-suite bathroom, storage cupboard and wardrobe area. Ceiling light point, carpeted flooring, electric heater and double glazed window.
En-Suite Fully tiled bathroom suite, complete with fitted bath and shower over with glass screen. Low level flush WC, hand wash basin, extractor fan, ceiling spotlights and mirrored wall.
Bedroom Two Double bedroom comprising carpeted flooring, double glazed window, light point and electric heater.
Bathroom Fully tiled bathroom suite, with walk in shower cubicle, low level flush WC and hand wash basin. Mirrored wall, ceiling spotlights and extractor fan.
Value & comps
No previous sales on record.
Returns
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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 Flat 11, 5 New Market Street, Birmingham
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