2-bedroom flat · B15 2AL
For saleReduced £8k (−4.6%) on 2 SepListed 333 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The apartment features a spacious open-plan living and dining area with large windows allowing for plenty of natural light.
The modern fitted kitchen is equipped with integrated appliances and ample storage.
Both bedrooms are generously sized, with the master bedroom benefiting from an en-suite shower room, while the second bathroom includes a full suite with a bathtub.
Situated just a short walk from The Mailbox, Grand Central, and Birmingham New Street Station, this apartment offers easy access to shops, restaurants, and excellent transport links.
Ideal for professionals, first-time buyers, or investors, Apartment 3 at 3 Rickman Drive combines comfort, convenience, and city living at its best.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete aml id verification and proof /source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property.
We use GoTo Group to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history.
With effect from 1st March 2025 a non-refundable compliance fee of £40.00 + VAT per buyer / donor will be required to be paid to the GoTo Group direct when an offer is agreed and prior to a sales memorandum being issued.
EPC rating: D. Service charge description: Centrick Management company
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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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
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FAQ
About 3, 33, Rickman Drive, Birmingham
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