1-bedroom flat · B15 2DU
For saleListed 138 days
Opportunity summary
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About
Key Features • 6th Floor • OWNER-LIVED, WELL- MAINTAINED (NO SHOES EVER WORN INDOORS) • SECURE ALLOCATED UNDERCROFT PARKING SPACE • WALKING DISTANCE TO NEW STREET STATION • SECURE ENTRY SYSTEM • NO UPWARD CHAIN • JULIET BALCONY • COMMUNAL LANDSCAPED GARDEN Internal area: 46.4 Sq.m.
(499 Sq.ft.) Living / dining 4.1 x 4.7m (13’4” x 15’4”) Kitchin area 2.6 x 1.8m (8’6” x 5’10”) Bedroom 2.9 x 4.5m (9’6” x 14’8”) Council Tax Band: A Tenure: Leasehold 244 years Ground Rent: £250 per annum Bi-annual Service Charge Amount: £1,700 OWNER-LIVED, BEAUTIFULLY MAINTAINED, ONE DOUBLE BEDROOM, 6th FLOOR APARTMENT WITH SECURE ALLOCATED UNDERCROFT PARKING, IN SOUGHT AFTER PARK CENTRAL LOCATION - A superb one bedroom apartment situated directly opposite the popular Moonlit recreational park; being conveniently located within 15 minute-walk of New Street Train Station and the Bullring Shopping Centre.
Roosevelt Apartments provides the perfect balance of city convenience and residential comfort. Ideal for professionals, first-time buyers, or investors.
Kitchen/Living Area • Paula Rosa Manhattan kitchen units in porcelain white with brushed nickel handles • 40mm post formed worktops in white Ipanema • Low energy underlighting to wall units • Stainless steel 1.5 bowl sink with Hansgrohe single lever mixer top • Integrated appliances to include: • Bosch fan assisted electric oven • Recirculating extractor hood • Bosch four ring ceramic hob • Fridge freezer • Bosch slimline dishwasher • Wall-mounted heater • Juliet balcony Bedroom • Double bedroom • Fully fitted gravel stone carpet with underlay – well-maintained as the owner never worn shoes indoors • Mirror door fitted double wardrobe Bathroom • Porcelanosa wall and feature wall tiling in light grey • Roca (Gap Range) white bathroom suite with shower tray at bath • Folding curved glass bath screen with silver frame and Hansgrohe thermostatic bath/shower mixer for wall mounted hand shower • Chrome plated heated towel rail Communal areas • Secure cycle store • Secure, undercroft, allocated car parking • Communal landscaped courtyard gardens General • Walls & ceilings white emulsion finish • White glass door linings, skirting and architraves • Timber effect vinyl flooring to living/dining, kitchen area, hall and bathrooms • Polished chrome door furniture • Double glazing throughout Entrance Hall • Door to storage and a free-standing Bosch washer / dryer in hall cupboard
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 6/F, Roosevelt Apartments, Lexington Gardens, Birmingham, B15 2DU
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