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See how verdicts work1-bedroom flat · B29 5LA
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain! A delightful one bedroom, ground-floor flat for the over 55's, Parking available, offering A 70% share.
Within a popular development ep rating C Location Weoley Castle is a very popular residential area particularly amongst first time buyers.
It is conveniently located for access to Birmingham City Centre, Birmingham University and the Queen Elizabeth Hospital at Selly Oak.
At the heart of Weoley Castle is the Square which offers a wide selection of shops, businesses and other local amenities.
A regular public transport service operates in and around Weoley Castle and there are a number of nurseries and both primary and secondary schools close by, including Shenley Academy.
Summary *no chain *Retirement Complex for over 55's *70% shared offered for sale *Ground floor retirement apartment *Entrance hall *Lounge with storage cupboard *Kitchen with stainless steel single bowl sink unit and taps, a range of wall and base units’ cupboards and drawers, electric oven and electric hob, space for fridge freezer and plumbing for washing machine *One double bedroom *Bathroom with separate shower cubicle with shower fitment, low level WC and built in vanity unit with wash hand basin.
*Parking with communal gardens to the front of property.
General information Tenure: The property is Leasehold, a lease term of 99 years was created in March 2003, there are therefore 75 years unexpired.
Service Charge/ Ground Rent charges: £1824.48 per annum. Council Tax band A the consumer protection regulations These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point which is of particular importance, verification should be obtained before viewing.
The Agent has not tested any apparatus, equipment, fixture or fittings or services and so cannot verify that they are connected, in working order or fit for the purpose intended.
Items in photographs are not necessarily included. All measurements are approximate. These details do not constitute a contract or part of a contract.
The Agent has not checked legal documents to verify the Freehold/Leasehold status of the property or that necessary planning permissions have been obtained.
Interested parties are advised to obtain verification from their solicitor or surveyor.
Money laundering regulations Under government regulations we are required to carry out prescribed identity checks on all purchasers and also obtain precise details of funding for their purchase.
This must be done before agreeing a sale. We will carry out these checks, electronically and as soon as you make an acceptable offer on a property.
There is a charge of £36 for one person and £54 for two or more. Prices are inclusive of VAT and are non-refundable.
Floor plans Where shown, the plan is for illustration purposes only and is not to scale.
The floor area shown is taken from the EPC calculations and is therefore approximate and will include only habitable areas.
Property information questionnaire A copy of the Property Information Questionnaire is available about this property at our office.
This has been completed by the Seller to provide comprehensive information about the property which will be of relevance to any intending Purchaser.
Fixtures and fittings Only those items mentioned in these particulars are included in the sale. All other items are excluded.
General advice All interested parties should check availability and explore the situation of a property on Google Earth/ Google Street Maps Street View before viewing. Viewings are via the Agents.
Referral fees Referral fees may be paid to us for referring clients to mortgage, insurance, surveying and conveyancing services which can range from £50 to £200.
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 Flat 3, Honnington Court, 1, Manor House Close, Birmingham
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