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See how verdicts work2-bedroom flat · B16 9NE
For saleReduced £3k (−2.1%) on 21 JunListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely spacious first floor apartment situated in this quiet and convenient location in Edgbaston, offering excellent access into Birmingham City Centre.
This characterful two bedroom apartment is well presented throughout and benefits from its own private balcony and off-street residents parking. Being Sold with No Upward Chain.
The property is set within superbly maintained communal grounds which includes unallocated off-street residents parking, the property is leasehold and completely double glazed with gas central heating and the additional benefit of an on-site caretaker.
The property is accessed via a secure communal entrance with lift access to the first floor where the apartment is located.
As you enter the property an entrance reception area provides plenty of storage space and access into the kitchen and living space.
The kitchen comprises wall and base level units with complimentary work surfaces and tiled splash back, with space for all kitchen appliances along with a useful pantry offering excellent further storage.
A spacious living room offers space for both lounge and dining room furniture, with access out to a private balcony overlooking the rear of the development.
The inner hallway provides access into two generously sized double bedrooms including a master room with built-in wardrobes.
A fully tiled bathroom completes the accommodation comprising WC, wash hand basin and bath with separate electric shower. A private storage cupboard is located on the 7th floor for further storage.
The property is located in this quiet and leafy neighborhood which is in very close proximity to the Hagley Road, providing frequent and convenient access into Birmingham City Centre.
The property is also ideally located for qe Medical Complex, Harborne and Bearwood High Street which provide a range of independent stores and well-known supermarkets, along with highly regarded eateries and gastro-pubs.
Leasehold Information We have been advised that the property is a leasehold with approximately 87 years remaining on the lease, with an annual service charge payable between 01/04/24 to 31/03/25 of approximately £1,351 with additional ground rent of £10 payable annually.
(Please ensure your solicitor verifies the lease and service charge information prior to purchase) Estate agents operating in the UK are required to conduct Anti-Money Laundering (aml) checks in compliance with the regulations set forth by hm Revenue and Customs (hmrc) for all property transactions.
It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed.
Our estate agency uses Coadjute’s Assured Compliance service to facilitate the aml checks. A fee will be charged for each individual aml check conducted.
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 4, St Dennis House, Melville Road, Birmingham
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