1-bedroom flat · B8 2RS
Listing removedListed 116 days
Opportunity summary
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About
*** no upward chain *** ground floor *** one bedroom *** cash buyers only *** This one bedroom ground floor apartment is being offered with no upward chain, The property consists of a entrance hallway, lounge, kitchen, and a double bedroom.
The property has the benefit of a shared parking area (not allocated) Energy Efficiency Rating:- Awaiting Approach The property can be approached via a door under the covered parking area or via the stairs to the front leading to the communal entrance hallway area.
Private door allowing access to:- Entrance Hallway (2.08m x 0.84m (6'10" x 2'9")) Wood effect flooring, decorative dado rail to the walls, and doors to the bathroom and lounge area.
Lounge (5.26m max 3.81m min x 3.84m (17'3" max 12'6" mi) Double glazed window to the front, two radiators, wall mounted boiler, and an Adams style fireplace with a tiled back and flagstone hearth.
Storage cupboard, door to the bedroom and a further door to:- Kitchen (2.69m x 2.24m (8'10" x 7'4")) Range of wall mounted and floor standing base units with a work surface over incorporating a stainless steel effect sink and drainer unit with a mixer tap over.
Partly tiled walls, tile effect flooring, opening to the pantry area, plumbing for a washing machine and a double glazed window to the front.
Bedroom (3.76m x 2.03m (12'4" x 6'8")) Double glazed window to the side, radiator, and a decorative dado rail to the walls. Door to the side allowing access to the side entrance porch fire exit.
Bathroom (1.68m x 1.93m (5'6" x 6'4")) Suite comprised of a panelled bath with a boiler fed shower over, low flush WC and a pedestal wash hand basin. Tiling to the walls, and tiling to the floor area.
Further Information Managing Agent/Freeholder- Freshwater Lease 99 years from 99yrs from 25th December 1974 47-48 Years Remaining on lease Ground Rent/Service Charge/Reserve Fund £313.40 a month
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
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FAQ
About Flat 1, Bromford Court, 486 Bromford Lane, Birmingham
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