2-bedroom flat · B47 6EW
Listing removedListed 256 days
Opportunity summary
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About
This second-floor apartment is offered with no onward chain and enjoys pleasant semi-rural views, while being within easy walking distance of Wythall Train Station and local amenities.
The communal hallway is accessed via a secure intercom system and provides a door leading to the rear communal garden and parking area, including one allocated parking space.
The private entrance hall features doors to all principal rooms and includes a storage cupboard. It gives access to a spacious L-shaped lounge/dining room, which opens into a modern kitchen.
The accommodation further comprises two double bedrooms and a bathroom.
Hall L ’Shaped Lounge/Dining Room - 5.64m max x 4.9m max (18'6" x 16'1") Kitchen - 2.82m x 1.78m (9'3" x 5'10") Bedroom One - 3.81m x 3.38m (12'6" x 11'1") Bedroom Two - 3.28m x 3.02m (10'9" x 9'11") Bathroom - 1.98m x 1.98m (6'6" x 6'6") Council Tax Band - C.
EPC Rating - tbc.
Tenure The vendor advises that the property is Leasehold with approximately 102 years remaining on the lease, a service charge payable of approximately £1,540 per annum and a ground rent payable of £300 per annum.
Drakes Estate Agents will not be held responsible should this information be incorrect and we request that your conveyancing solicitor verifies this throughout the conveyancing procedure.
The information provided by Drakes Estate Agents do not constitute part or all of an offer or contract, the measurements are supplied for guidance only and as such must be considered incorrect, we have not tested any appliances, fittings, services or equipment or and we ask all potential buyers to check the working of any appliances and the measurements before committing to any expenses.
For Money Laundering purposes we will request any potential buyer at offer stage to provide proof of Identity before negotiation takes place.
Drakes Estate Agents do receive a small referral fee from some Conveyancing Solicitors & Mortgage Brokers which is on a case-by-case basis, and is subject to a minimum referral fee of £50.
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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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 7, Innisfree Close, Birmingham
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