2-bedroom flat · B42 2GR
Listing removedListed 301 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this chain-free, immaculate two-bedroom second-floor apartment, ideally situated in Aldridge Square, Perry Barr.
Ready to move straight into, this property is perfectly suited to first-time buyers looking to step onto the property ladder or investors seeking a strong addition to their portfolio.
The apartment is accessed via a well-maintained communal entrance, which is clean, tidy, and welcoming. The property further benefits from an allocated parking space.
Upon entering, you are greeted by a spacious entrance hallway providing access to all rooms.
The open-plan kitchen, dining, and living area is generously sized and filled with natural light, creating a bright and airy living space.
The kitchen is well-equipped with ample worktop space and storage cupboards, making it both practical and modern.
The master bedroom benefits from a private en-suite bathroom, while the second bedroom is a good size and ideal for guests, a home office, or family use.
A modern main bathroom serves the second bedroom and visitors.
The property is ideally located close to a range of local amenities and excellent transport links, with regular bus services available along Aldridge Road.
Perry Barr train station is also within easy reach, providing convenient access to multiple destinations.
Early viewing is highly recommended to fully appreciate the quality and location of this fantastic apartment.
Lease information Date : 27 June 2022 Term : 999 years from 1 January 2021 Service Charges - £1522 pa EPC Rating: B Council Tax Band: A
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About Apartment 6, 10, Aldridge Square, Birmingham
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