1-bedroom flat · B23 7NN
Listing removedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
About This Property 1 bedroom ground floor flat in Erdington.
The property comprises of 1 bedroom, Kitchen with a range of floor and wall units including integrated cooker, freestanding fridge/freezer and washing machine (washing machine - gifted not maintained) bathroom with white suite and shower above the bath, lounge, hallway and a Parking bay.
The property has electric heating The property is a minutes walk to buses and train station with direct links to the city centre and beyond.
This property is within an area of Selective licensing and it is licensed for a maximum of 2 people living as one household.
License number available on request apc endeavors to maintain accurate depictions of properties in photos, dimensions and descriptions, however, these are intended only as a guide and prospective tenants must satisfy themselves by personal inspection.
Deposit £690 Council tax band A £1270.48 01/04/23 -31/03/24
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 47, Knights Close, Knights Close
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