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See how verdicts work2-bedroom flat · B31 1UR
Listing removedListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Springers are delighted to offer this property for sale - No Chain - Gas central Heating -107 Year Lease Service Charges £84PM - Ground Rent £30PM Viewing is highly recommended for this outstanding second floor apartment in a popular location.
Great transport links including M5 and Train station to the City, several bus stops in close proximity, the property is close to good schools, shops and many other amenities.
This spacious home has 2 double bedrooms with Fitted wardrobes, a modern bathroom, storage/ utility room a bright and spacious open-plan kitchen with white goods included, bright living area which overlooks the park and communal gardens.
The communal garden wraps around the building, with allocated parking to the rear. There is a long lease to the property as well as an intercom for secure entry to well presented access.
This property has been finished to a very high standard and boasts beautiful decoration throughout, viewing is highly recommended.
Council Tax Band: B Tenure: Leasehold (107 years) Ground Rent: £360 per year Service Charge: £1,008 per year Access Entrance hall Spacious hallway with storage space and access to all rooms, Kitchen 7' x 6' This is a modern kitchen with white high gloss wall and base units, gas hob, oven, extractor fan,, free standing fridge/freezer, washer/dryer, stainless steel sink with mixer tap, ceiling spotlights, window to the rear with great views Lounge/diner 9'6" x 15'4" This is a good size lounge/diner with window to the front of building offering lots of light and great views, ceiling spotlights, radiator and Carpet flooring, Bathroom 5' x 8'6" This family bathroom has a modern white suite consisting of low level WC, vanity unit with basin, bath with mixer tap & rainfall shower, glass shower screen, linoleum flooring, ceiling spotlights, radiator, privacy window, Master bedroom 15'9" x 11'2" Excellent size master bedroom tastefully decorated with built in wardrobes, carpet flooring, radiator, spotlights.
A wonderful room to relax in with 2 windows allowing lots of light in and overlooking the park Bedroom 2 16'8" x 7'8" Great size bright second bedroom with double aspect windows to the rear letting lots of light in, carpet flooring, ceiling spotlights, radiator, fitted wardrobes.
Great scope to make this into 2 bedrooms. Outside
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
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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
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FAQ
About Bourn Avenue, Birmingham
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