2-bedroom flat · B28 8QZ
Listing removedListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale: Two Bedroom Ground Floor Flat – Lakefield Close, Birmingham, B28 8QZ Introducing this two-bedroom ground floor flat situated in the desirable location of Lakefield Close, Birmingham.
The property benefits from a secure entrance with a door entry system and intercom, providing peace of mind and added security.
Upon entering the flat, you are welcomed into a spacious hallway featuring two good-sized storage cupboards, ideal for keeping your belongings organized and out of sight.
The generous lounge/dining area offers a bright and welcoming space with an outlook over the communal rear garden, perfect for relaxing or entertaining guests.
The kitchen is functional and well-sized, providing ample space for meal preparation. The family bathroom features a large shower cubicle, offering convenience and comfort.
Both bedrooms are generously proportioned, with enough space to accommodate free-standing wardrobes, making this property suitable for a variety of needs.
Externally, the property benefits from well-maintained front garden with a laid lawn on either side of the pathway, leading to the main entrance through a gate.
The courtyard area includes a pathway, lawn, and gate access. Parking is available via communal parking facilities, making parking straightforward and accessible.
This property represents an excellent opportunity for first-time buyers seeking a comfortable home or investors looking to add to their portfolio.
Don't miss out on this fantastic opportunity to acquire a well-located and versatile flat in Birmingham.
Tenure We are advised by the vendor that the property is Leasehold We have been informed by the owner on the following information; The lease 102 years -- Service Charge and Ground Rent £350 per year-- Opening Hours Sterling Homes are open seven days a week until 7pm each day Free Valuations Please contact us directly if you would like to book a free valuation on your property Money Laundering In order to comply with Money Laundering regulations, prospective purchasers will be required to produce identification documents.
Thank you for your cooperation Property Misdescription Sterling Homes have not tested any of the electrical, central heating, appliances or equipment.
Purchasers should make their own investigations as to the workings of the relevant items. All room measurements and mileages quoted in these sales particulars are approximate.
These are issued in good faith, but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Sterling Homes nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Any images included in these particulars may have been edited or enhanced where necessary.
The photographs are intended to provide a general representation of the property, however, they may not depict the property in its current condition and should not be relied upon as an exact portrayal.
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 Lakefield Close, Hall Green, Birmingham B28
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