2-bedroom flat · B31 1LQ
Sold STCListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** VACANT PROPERTY - Two Bedroom Apartment - New Bathroom - No Chain - Second Floor - Excellent Location *** Call Oakmans today to arrange your viewing on this lovely two bedroom apartment situated in a lovely location within Northfield.
The property offers; Entrance hallway, open plan lounge/kitchen and dining area, two well-proportioned bedrooms and a bathroom. The property boasts an allocated parking space and boasts NO CHAIN.
Situated off Bell Holloway and near Merritts Hill this makes an ideal location for easy access to Northfield High Street, The Royal Orthopaedic Hospital and easy access for public transport links.
Call Oakmans today to arrange your viewing!
Lease Information Lease remaining : 105 years until May 2026 Ground rent a year: £150 Service charge annual; £880 Please note, all information within this advert needs verifying via a solicitor and Oakmans cannot be held responsible.
Scan the QR code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative.
Anti-money Laundering Checks (AML) Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances.
These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system and is non-refundable. Bedroom 1 0m
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Birmingham, B31
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