2-bedroom flat · B32 2JA
For saleReduced £5k (−3.4%) on 12 OctListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated on the first floor, this two-bedroom apartment offers spacious and practical accommodation, making it an excellent choice for first-time buyers, downsizers, or investors.
The property benefits from an extended lease and a low service charge, providing added peace of mind and affordability.
Internally, the apartment features a bright and welcoming living space alongside a generously sized kitchen/diner, ideal for both everyday living and entertaining.
There are two well-proportioned bedrooms and a family bathroom, all presented in a layout designed for comfortable modern living.
Externally, the property benefits from a garage en bloc, offering secure parking or valuable additional storage.
Conveniently located approximately one mile from Harborne High Street, residents can enjoy easy access to an excellent range of independent shops, cafés, restaurants, supermarkets, and local amenities, as well as good transport links into Birmingham City Centre and nearby Queen Elizabeth Hospital and the University of Birmingham.
Property type: Purpose built apartment Tenure: Leasehold Lease length: 131 years remaining Service Charge: £1330.80 p/a Ground Rent: £15 p/a Council Tax Band: B EPC Rating: C Construction Type: Standard construction Parking Arrangements: Garage & Road Parking Broadband: Fibre (FTTP) Mobile Signal Coverage: No known issues Water Supply: Mains Sewerage: Mains Electric: Mains Heating Supply: Electric Building Safety Issues: No Special Conditions: None Flood Risk or Previous Flooding: No Mine Shafts/Coal Fields/Erosion: No Restrictions: No Rights and Easements: No Planning Permissions: No Local Developments: No Call Oakmans today!
Anti-money Laundering Checks (aml) Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances.
These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 73, SAVOY CLOSE, BIRMINGHAM
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