2-bedroom flat · B1 2NN
Sold STCListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO UPWARD CHAIN ** CITY CENTRE VIEWS ** ** IMMACULATE THROUGHOUT ** Oakmans are delighted to offer an exceptionally well presented, two double bedroom apartment situated within the highly convenient, Norton tower, Birmingham.
This property boasts no upward chain and further benefits from having an open plan living space, two large bedrooms and is within close proximity to all amenities and transport links that the City centre has to offer.
The property briefly comprises entrance hall, large lounge diner with archway leading to breakfast kitchen, two double bedrooms and family bathroom.
Property type: Flat Tenure: Leasehold Council Tax Band: A EPC Rating: C Construction Type: Standard construction Parking Arrangements: Commual parking Broadband: Fibre (FTTP) Mobile Signal Coverage: No known issues Water Supply: Mains Sewerage: Mains Electric: Mains Heating Supply: Gas Building Safety Issues: No Special Conditions: None Flood Risk or Previous Flooding: No Mine Shafts/Coal Fields/Erosion: No Restrictions: No Rights and Easements: No Planning Permissions: No Local Developments: No Years left on lease: 80 years Service charge: £1,250 per annum Ground rent: £10 per annum Call Oakmans today!
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These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
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 Civic Close, Birmingham, B1
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