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See how verdicts work1-bedroom flat · B13 9XL
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** desirable ground floor flat with patio, set in lovely grounds! ** We are delighted to offer to the market this one bedroom ground floor flat which is set in lovely communal grounds.
The flat is ideally located close to local amenities and also bus routes into Moseley as well as Hall Green and Shirley with the beneficial addition of Moseley Train Station that is due to open soon.
In brief the accommodation offered comprises; well tendered communal grounds, communal entrance and hallways, entrance hallway, bathroom, bedroom with double doors to patio space leading to the gorgeous communal grounds, living room which also has a door to the patio space and a sleek kitchen.
Energy Efficiency Rating is D. To truly appreciate this flat in such a lovely development, call our Moseley Office today!
Approach This ground floor property is approached via a secure communal front entry door opening into: Communal Hallway With front entry door opening into: Hallway With ceiling light point and doors opening into: Living Room (3.27m x 4.42m (10'8" x 14'6")) With double glazed window to the rear aspect, door giving access to the balcony area, wall mounted electric radiator, ceiling light point and door opening into: Kitchen (2.39m x 2.56m (7'10" x 8'4")) With lino to flooring, tiling to splash back areas, double glazed window to the rear aspect, a selection of matching wall and base units with work surfaces over, integrated stainless steel ink and drainer with mixer tap over, space facility for oven, space facility for fridge freezer, space facility for washing machine, door giving access into cupboard housing the water tank, further door opening into useful storage cupboard housing electric fuse box and ceiling light point.
Bedroom (2.89m x 4.44m (9'5" x 14'6")) With floor to ceiling double glazed window and double glazed double doors giving access to the balcony area and ceiling light point, carpet to floor, skirting board and panelled feature wall.
Bathroom (1.95m x 1.98m (6'4" x 6'5")) With panel bath with mixer tap over and wall mounted shower attachment over, wall mounted extractor fan, tiling to splash back areas, wash hand basin with mixer tap over and low flush push button WC.
Patio/Terrace Area Giving beautiful views to the rear communal gardens. Communal Gardens To the rear of the property, being laid mainly to mature lawn with pathway and mature trees, plants and shrubs.
Tenure We have been informed by our vendors the property is Leasehold and that the lease term remaining is approximately 137 years and the ground rent and service charges combined are approximately £1,700.00 per annum (subject to confirmation from your legal representative).
Council Tax Band According to the Direct Gov website the Council Tax Band for Millmead Lodge, Wake Green Road, Moseley, Birmingham, B13 9XL is band B and the annual Council Tax amount is approximately £1,739.89 subject to confirmation from your legal representative.
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.
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FAQ
About 17, Millmead Lodge, Wake Green, Birmingham
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