1-bedroom flat · B15 2BG
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The apartment is situated in the popular Park Central development directly fronting the park This is a popular place to live because of the emerging nature of the location.
Park Central offers Birmingham's newest Park based on a "Manhattan" theme while Broad Street and Brindley Place are within walking distance and there one can find a number of bars, high quality restaurants and theatres, the Sea Life Centre, the National Indoor Arena, the International Convention Centre and Symphony Hall, the home of the City of Birmingham Symphony Orchestra.
The apartment offers easy access to the main commercial and shopping areas, the M6, Five Ways Station, the Metro link and New Street Station and regular trains from here operate to London and Birmingham International for the NEC and Birmingham International Airport.
The apartment has double-glazing, gas central heating, entry system and carpets, oak effect laminate or tiled flooring throughout.
The apartment is situated at second floor level and briefly comprises, at entry level, a large entrance hall, lounge/ dining room, fully fitted kitchen, a bathroom with shower, a balcony and a large double bedroom.
Important Information: Service Charge - £2300 pa Ground Rent - £100 pa Years on lease - 127 No Chain
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About 28 Alfred Knight Way
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