3-bedroom flat · B31 2AT
Listing removedListed 240 days
Opportunity summary
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About
A FANTASTIC opportunity to purchase a UNIQUE LARGER first floor apartment, within a secure gated community for the over 55's. Ideal for downsizers looking for good living space.
With THREE BEDROOMS, TWO RECEPTION ROOMS, Separate BREAKFAST KITCHEN and BATHROOM along with additional WC.
EP Rating C LOCATION Northfield, situated South West of Birmingham offers a number of facilities to include: Northfield Library, Northfield Pool & Fitness Centre and a range of shopping facilities locally including the rapidly expanding and recently regenerated Longbridge Town Centre.
Regular road and rail public services are available with railway stations located in Northfield and Longbridge providing access to Birmingham City Centre with the M5, junction 4 and M42, junction 2 being readily accessible.
SUMMARY * The perfect apartment for reluctant downsizers, boasting generous living space and being the largest on the development (originally two apartments on the original plan) * Ideal for entertaining guests and provides ideal space for visiting family & friends * Highly regarded development for the over 55's with on site warden, club house which hosts a number of social activities and a meeting place for those seeking company * First floor apartment with private entrance door and via stairs (there is a stairlift fitted).
Storage cupboard to landing.
* Good sized lounge with log effect electric fire and surround, Juliet balcony offering views over the courtyard and doors to * Dining Room overlooking the communal garden to the rear * Breakfast Kitchen comprising of; a range of wall and base units, integrated refrigerator and space for freezer, gas hob with oven and grill, stainless steel sink unit and mixer tap, plumbing for washing machine and tumble dryer, pantry and space for breakfast table and chairs * Separate WC off hallway, shower room with double shower cubicle, fitment and curtain, wash hand basin on vanity unit with storage below and low level W.C * Bedroom one with fitted wardrobes and mirrored doors, 'Juliet balcony' and enjoying a view over the courtyard.
Bedroom two with storage cupboard and bedroom three/study with good fitted storage.
* Communal parking and green spaces along with security gate entrance GENERAL INFORMATION Tenure: The Agent understands the property is Leasehold with a term of 125 years created June 1994, there are approximately 93 years unexpired.
Service Charges and Ground Rent: We are advised the current charges are £6,900 per annum for the period August 2025 - July 2026.
Prospective purchasers should seek verification of the above charges via their solicitor.
BIRMINGHAM COUNCIL TAX BAND C THE CONSUMER PROTECTION REGULATIONS These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point which is of particular importance, verification should be obtained before viewing.
The Agent has not tested any apparatus, equipment, fixture or fittings or services and so cannot verify that they are connected, in working order or fit for the purpose intended.
Items in photographs are NOT necessarily included. All measurements are approximate. These details do not constitute a contract or part of a contract.
The Agent has not checked legal documents to verify the Freehold/Leasehold status of the property or that necessary planning permissions have been obtained.
Interested parties are advised to obtain verification from their solicitor or surveyor.
MONEY LAUNDERING REGULATIONS Under government regulations we are required to carry out prescribed identity checks on all purchasers and also obtain precise details of funding for their purchase.
This must be done before agreeing a sale. We will carry out these checks, electronically and as soon as you make an acceptable offer on a property.
There is a charge of £36 for one person and £54 for two or more. Prices are inclusive of VAT and are non-refundable.
FLOOR PLANS Where shown, the plan is for illustration purposes only and is not to scale.
The floor area shown is taken from the EPC calculations and is therefore approximate and will include only habitable areas.
PROPERTY INFORMATION QUESTIONNAIRE A copy of the Property Information Questionnaire is available about this property at our office.
This has been completed by the Seller to provide comprehensive information about the property which will be of relevance to any intending Purchaser.
FIXTURES AND FITTINGS Only those items mentioned in these particulars are included in the sale. All other items are excluded.
GENERAL ADVICE All interested parties should check availability and explore the situation of a property on Google Earth/ Google Street Maps Street View before viewing. Viewings are via the Agents.
REFERRAL FEES Referral fees may be paid to us for referring clients to mortgage, insurance, surveying and conveyancing services which can range from £50 to £200.
Value & comps
No previous sales on record.
Returns
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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 Maryland Drive, Northfield, Birmingham, B31
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