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See how verdicts work1-bedroom flat · B38 8NE
Listing removedListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming One-Bedroom Apartment with Garage & Extended Lease A well-presented one-bedroom flat situated in a convenient location in Kings Norton, just off Redditch Road and offering excellent access to local amenities and transport links.
The property provides well-proportioned accommodation and benefits from a separate kitchen, spacious living accommodation, a separate laundry room and a good-sized bedroom, making it an ideal low-maintenance home.
A particular benefit is the garage, providing valuable secure parking and storage.
The location is ideal for commuters, with excellent road links providing easy access to the M42 and M5, alongside good local public transport connections.
The property would make an excellent purchase for a first-time buyer or investor, offering an affordable opportunity in a well-connected area.
Extended Lease on Completion The property is currently held on a 45-year lease, however, the sale will complete with the lease extended to 135 years.
This provides a significant benefit to the incoming purchaser and removes the concern of purchasing with the current short lease.
Service Charge - £1450.00 pa (Approx) Ground Rent - £20 pa Key Features One-bedroom flat Convenient Kings Norton location Just off Redditch Road Separate kitchen Separate laundry room Garage Good transport links Easy access to M42 and M5 Ideal for first-time buyers or investors 45-year lease currently Lease to be extended to 135 years on completion Low-maintenance and well-connected home Anti-money Laundering Checks (aml) Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances.
These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract.
The rules are set by law and enforced by trading standards. We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT).
This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
All information supplied by the vendor should be confirmed by a Solicitor as Oakmans Estate Agents cannot be held responsible if incorrect. EPC - E Council Tax Band - A Material Information:
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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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 14, BIRMINGHAM
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