2-bedroom flat · B4 7FL
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located next to HS2 station and arranged around landscaped podium gardens, Glasswater Locks has been designed to provide exclusive facilities including a concierge, gym, co working space, games room and cinema room while offering high spec apartments with balconies offering city and canal views.
Glasswater Locks has opened a new gateway between Birmingham's Eastside and the city's vibrant Learning Quarter.
Designed to create a thriving new community, Glasswater Locks combines elegant landscaping with extensive on-site facilities, offering a tranquil canalside setting alongside the energy of the city.
The Canal-side Club at Glasswater Locks has been created to support busy, modern lives.
Designed to enhance residents' wellbeing and encourage greater balance between work and life, the 5,385 sq ft facilities include a library area, meeting room, 24-hour concierge and several co-working stations to serve residents on work-from-home days.
A coffee bar, private gym and cinema room ensure that downtime is well served too.
Generous external spaces are a key feature of Glasswater Locks, ensuring the most amount of daylight possible can bathe the development's landscaped areas, open spaces and elevated, resident-only courtyard gardens.
The landscaping that surrounds each building has been carefully conceived to reflect both the tranquillity and vitality of the water it sits alongside, making it an ideal location to read a good book or take a run along the water's edge.
Leasehold information: Service Charge - Approx £4.67 per sq ft Ground Rent - Zero (Peppercorn) Lease Length - 250 years
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 Plot 306 (Apartment 803) Cardigan Wharf, Glasswater Locks, Birmingham
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