Modern Method of Auction
Auction date not yet published
1-bedroom flat · B15 1BJ
For saleReduced £15k (−18.8%) on 20 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish ninth-floor apartment in the sought-after Broadway Residence, offering contemporary city living with excellent transport links, a modern fitted kitchen, spacious double bedroom and a beautifully appointed bathroom, all within easy reach of Birmingham City Centre.
Located within the highly sought-after Broadway Residence at Five Ways, this impressive ninth-floor one-bedroom apartment offers stylish and contemporary living in the heart of Birmingham City Centre.
Ideally positioned, the development benefits from excellent transport links, with bus and tram services on the doorstep and Five Ways Train Station just a short five-minute walk away, providing easy access across the city and beyond.
The apartment briefly comprises a bright and spacious open-plan living area, perfectly designed for modern living and entertaining.
The contemporary fitted kitchen features a range of modern units and integrated appliances, offering both style and practicality.
The generous double bedroom provides comfortable accommodation, while the beautifully appointed bathroom is finished to a high standard with modern fixtures and fittings.
Residents can also enjoy superb access to a wealth of local amenities, including the popular Broadway Plaza, offering a variety of restaurants, leisure facilities and entertainment options, as well as the vibrant bars, cafés and canalside attractions of Brindley Place.
Offering a fantastic combination of location, convenience and contemporary living, this apartment is ideally suited to professionals looking to enjoy all that Birmingham city centre has to offer.
Tenure : Leasehold.
1 Sep 2017 to 22 Sep 2096 (lease hold period) Lease Length Remaining: 70 years Service Charge: About £3,080 Ground Rent: Peppercorn Ground Rent Review Period: N/A Ground Rent Review Amount: N/A Next Ground Rent Review: N/A Parking Arrangements: No parking included in this property Property Construction: Standard Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating Supply: Provided by electric heaters Broadband: Unknown Mobile Signal Coverage: Unknown Building Safety Issues: Unknown Restrictions: Unknown Rights And Easements: Unknown Flood Risks Or Previous Flooding: Unknown Past Or Present Planning Permissions Or Applications: Unknown Is the property located in a Coalfield Or Mining Area: No agents note: We have not tested any of the electrical, central heating or sanitaryware appliances.
Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale.
All room measurements and mileages quoted in these sales particulars are approximate.
In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity.
Rather than traditional methods in which you would have to produce multiple utility bills and a photographic id we use an electronic verification system.
This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.
Fixtures and fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded.
However, we would always advise that this is confirmed by the purchaser at the point of offer.
Please not some photographs may be digitally enhanced for marketing purposes using ai software, therefore viewing in person is essential.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Apartment 906, Broadway, 105, Broad Street, West Midlands
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