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See how verdicts work2-bedroom flat · B17 0LB
For saleListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hadleigh Estate Agents are pleased to present this ground floor apartment within close proximity to Harborne High Street.
Offered with no upward chain, the property is currently tenanted for £1100 however can be sold with vacant possession.
The property briefly comprises of, entrance porch, good sized living room with dedicated dining area.
The windows in each room allow plenty of natural light into this lovely apartment, modern fitted kitchen with built in appliances, two double bedrooms both benefiting from built in wardrobes, fully fitted family bathroom with shower above the bath.
The property is also a neutral décor throughout. The apartment further benefits from a parking space, double glazing and electric heating throughout.
We have been advised the following information, however we advise for you to confirm this with your legal representative as Hadleigh Estate Agents cannot be held accountable.
Tenure - Leasehold Length Of Lease – 125 Years From 1st July 2005 Service Charge – Approx £1161.78 pa Ground Rent – Approx £250.00 pa EPC - C Council Tax Band - D
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
Agent & docs
FAQ
About 115 Metchley Drive, Birmingham
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