2-bedroom flat · B5 7UW
For saleReduced £10k (−6.7%) on 10 SepListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor, two bedroom apartment situated in the popular Jacoby Place development in Edgbaston. The apartment benefits from having its own garage and is being offered with no chain.
Cash buyers only - low lease length The building is accessed via a secure door opening into the entrance hall with stairs rising to the second floor landing.
The apartment door opens into the initial entrance hallway with doors to the accommodation. There is a large lounge diner with a door opening onto a small balcony.
Separate kitchen with a range of floor and wall mounted units and space for the appliances.
There are two double bedrooms and a family bathroom with three piece suite consisting of a panelled bath, pedestal wash hand basin and low level w/c.
There are communal parking bays and a private garage in the gated low level garage. The apartment is being offered with no chain.
Agents Note: Please be advised there are only 45 years left on the lease currently so cash buyers only. Property Information Tenure - Leasehold Length of lease - 45 years remaining.
Service charge - £1977.54 per annum Ground rent - tbc Local authority - Birmingham city council. Council tax band - D EPC rating - C
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.
Area
Agent & docs
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FAQ
About 81 Jacoby Place,, Priory Road, Birmingham
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