2-bedroom flat · B16 8GZ
To rentListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***balcony with canal views*** Immaculate two bedroom two bathroom upper floor apartment in popular Watermarque Development.
This property is fully furnished to high standard with open plan kitchen/living room and balcony overlooking the canal. Two double size bedrooms – master bedroom has en-suite bathroom.
Integrated white goods in the kitchen including full size fridge/freezer, dishwasher and washing machine.
Property also benefits from secure allocated parking space, concierge on site and residents gym at no extra cost. Professionally Managed by Places Birmingham.
Furnished two bedroom apartment in Watermarque, situated on Browning Street.
The Property: • Furnished two bedroom apartment with two bathrooms • Situated on the second floor • The property has one secure allocated parking space • Deposit amounts to five weeks rent • Council Tax Band: E • Energy Efficiency Rating: C Environmental Impact Rating: C Additional Features: • All electric heating • A fully equipped kitchen including: Fridge freezer, washing machine, dishwasher • Additional built in storage in the hallway • Outside space in the form of communal courtyard and private balcony overlooking the canal The Development: • 24 hour concierge • Secure fob entry • Communal bin store • Use of communal gymnasium • Lift Access Local Area: • Located in the Convention Quarter • Close to Brindleyplace and Broad Street • Within a few minutes' walk of Birmingham New Street Station and Five Ways Station • Easy access to The Symphony Hall, The icc, The Mailbox, Birmingham Canals Network • Close to schools, transport links Places Birmingham are members of: ARLA Propertymark (Client Money Protection) The Property Ombudsman The Tenancy Deposit Scheme (TDS)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 103 Watermarque, 100 Browning Street, Birmingham
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