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See how verdicts work1-bedroom flat · B24 9EQ
For saleListed 708 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ** Buy-to-Let Investment ** Erdington ** Currently Tenanted ** 6.9% Yield ** This 1-bedroom apartment is currently tenanted providing investors with instant income.
Property management company available upon request to provide a hands off investment opportunity. To receive a detailed investment cash flow call us now!
Key Features: * Spacious Bedroom: A bright and airy double bedroom with built in wardrobes, offering comfort and luxury for tenants.
* Open-Plan Living Area: The apartment boasts an open-plan living and dining space, perfect for modern living.
The large windows flood the room with natural light, creating a warm and inviting atmosphere.
* Fully-Fitted Kitchen: A sleek, contemporary kitchen equipped with integrated appliances, providing everything tenants need for luxury living.
* Modern Bathroom: A stylish and modern bathroom with high-quality fixtures.
* Secure Entry: The property is part of a well-maintained building with secure entry, ensuring safety and peace of mind for residents.
* Transport Links: Ideally situated 0.2 miles from Erdington Train Station and walking distance local bus routes, making commuting easy and accessible.
Erdington offers a warm, community-focused vibe that's rare to find so close to Birmingham's city centre.
Picture tree-lined streets, lovely local parks, and a variety of shops and eateries that give the area a true neighbourhood feel.
With excellent transport links, you're only minutes away from the heart of Birmingham, yet surrounded by the charm of a quieter life.
Erdington's affordability and growing appeal make it an attractive option for families, first-time buyers, and investors alike.
If you're looking for a place that combines convenience with a friendly, down-to-earth atmosphere, Erdington is a fantastic choice to consider.
Investing in Birmingham Birmingham is one of the UK's top hotspots for property investment, thanks to its dynamic economy, thriving business sector, and strong population growth.
As the country's second-largest city, Birmingham is benefiting from massive regeneration projects, such as the Big City Plan and HS2, which will further improve connectivity to London and other major cities.
With a rising population, Birmingham's housing demand is set to grow alongside it.
This includes a young, growing population of professionals seeking quality rental accommodations, keeping rental demand high, providing investors with strong yield potential and low vacancy rates.
Furthermore, property values in Birmingham have shown steady appreciation, making it a smart choice for long-term capital growth.
Now is the time to invest in Birmingham, as it combines solid rental returns with exciting growth potential, making it an attractive and strategic investment location.
Service Charge: £1,200pa Ground Rent: £267pa Square Footage: 358 sqft Leasehold - 145 years remaining Council Tax Band - A Gross Yield - 6.9% Property Construction: Brick Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating Supply: Electric Broadband: Refer to Ofcom Mobile Signal Coverage: No known issues Building Safety Issues: No known issues All descriptions, dimensions, and other details provided in this listing are intended for guidance only.
While we strive for accuracy, prospective buyers are encouraged to make their own enquiries and verify information directly with relevant authorities.
Property features and specifications may be subject to change. Neither the seller nor the estate agent can be held responsible for any discrepancies in this description.
Council Tax Band: A Tenure: Leasehold (145 years) Master Bedroom En-Suite Kitchen/Lounge
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
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 advisers 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 Flat 555, Nexus Point, Birmingham
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