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See how verdicts work2-bedroom flat · B44 8NT
Sold STCListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This two bedroom modern ground floor maisonette is an excellent purchase for the investment buyer offering a low maintenance rental opportunity with no service charge and long lease.
The tenant is currently paying in the region of £925 pcm and the property has been much improved throughout and benefits from a front and rear garden and garage en bloc.
Council Tax Band: A (Birmingham City Council) Tenure: Leasehold (125 years) Ground Rent: £15 per year Service Charge: £0 per year Agents Notes Please note all room measurements are taken at a maximum.
Approached Via The property benefits from a front lawn with pathway and gate leading to side aspect door Hall With side aspect double glazed front door, laminate wood flooring and doors off to rooms.
Lounge W: 2.74m x l: 4.88m (w: 9' x l: 16' ) Having front aspect double glazed window, electric wall heater and laminate wood flooring.
Kitchen W: 1.83m x l: 2.74m (w: 6' x l: 9' ) Modern range of wall and base units with inset stainless steel sink and drainer, space for cooker, complimentary tiling, built in under stairs storage cupboard and space for fridge freezer and washing machine.
Bedroom One W: 277.37m x l: 4.88m (w: 910' x l: 16' ) Rear aspect double glazed window, electric wall heater and laminate wood flooring.
Bedroom Two W: 2.44m x l: 2.74m (w: 8' x l: 9' ) Rear aspect double glazed window, electric wall heater and laminate wood flooring.
Shower Room W: 1.83m x l: 1.83m (w: 6' x l: 6' ) Modern refitted shower room having rear aspect double glazed window, walk in shower cubicle with electric shower over, wash hand basin and low level WC.
Tiled walls and flooring. Outside The property benefits from a front lawn with pathway and gate leading to side aspect door To the rear of the property is a split garden with lawn area.
Tenure We understand the property is leasehold. Term: 189 years from 24 June 1962
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
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FAQ
About 898 Aldridge Road, Great Barr, Birmingham
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