1-bedroom flat · B23 5ES
Listing removedListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Glenwood Property Services are proud to present this newly built, second floor one bedroom self contained flat located in the popular area of Erdington.
Within walking distance to Erdington train station and ten minutes by car to the city centre this property is ideal for working professionals.
The premises itself is located on the grounds of the old Jerry's Inn public house and now has undergone a tremendous refurbishment and hence now is offering luxury self contained accommodation.
This particular flat is located on the second floor and boasts an open plan living room and kitchen with all white goods. The bathroom contains both shower and bath facilities.
Within the hallway there is a good sized storage closet. The double bedroom mirrors the size of the kitchen/living room. **Available late June 2024**
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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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 Flackwell Road, Birmingham, B23
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