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See how verdicts work1-bedroom flat · B4 6GR
For saleReduced £6k (−2.7%) on 24 MarListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This one bedroom apartment offers a high standard finish and at a competitive price.
Gunsmith House comprises of one bedroom, one bathroom and open plan living + balcony with low service charge.
Description Gunsmith House is located within Birmingham's historic Gun Quarter, Gunsmith House is just a short walk from Snow Hill Station, Aston University and the Business District.
It is also on the doorstep of the Jewellery Quarter with more than 30 restaurants, bars and cafes.
The Gun Quarter previously housed weapons assembling factories, and served as a key hub for the country's industrial development over the past 200 years.
Approach Communal entrance with access to all floors.
Open Plan Living 25' 4" x 9' 7" ( 7.72m x 2.92m ) This beautifully presented modern fitted kitchen comprising of wall and base units, work surfaces, sink and drainer, integrated oven/hob with extractor fan overhead, fridge freezer, washing machine, spotlights, laminate flooring.
Lounge area: Double glazed doors opening onto balcony area looking over the city views. Bedroom One 13' 1" x 9' 7" ( 3.99m x 2.92m ) Double glazed window, fitted wardrobe.
Shower Room This high spec bathroom suite with walk in shower, vanity wash hand basin, w.c, vanity mirror, partly tiled, extractor fan, spotlights. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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
Agent & docs
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FAQ
About Apartment 47, Gunsmith House, 61, Price Street, Birmingham
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