2-bedroom flat · B37 7NF
Listing removedListed 106 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented second floor apartment which boasts 2 double bedrooms, living and dining area, kitchen, family bathroom and balcony.
The property will be offered on a part furnished basis as seen and benefits from an allocated parking space.
A well presented and modern apartment located in Chelmsley Wood benefitting from access to local amenities and transport links.
Entrance is via secure intercom system, the property comprises, entrance hallway, open plan living, kitchen and dining space with Juliette Balcony, two double bedrooms and family bathroom.
The property is offered part furnished, as seen and available now! Council Tax: Band A Tenant Fee Act 2019.
Under latest legislation, permitted tenant payments include: - Rent - Utility bills - Holding deposit equivalent of 1 weeks rent - Changes to an AST during tenancy - Company let fees still apply James Laurence are members of The Property Ombudsman and in partnership with the Money Shield Client Money protection Scheme (cmp).
All enquiries and further information requests can be sent to .
Notice: All measurements are approximate, and photographs/images provided for guidance only and may not accurately represent the property.
Agents Note: All material information stated below has been agreed/ confirmed with our client, we would request all information to be verified by the interested applicant with a James Laurence Estate Agent Employee prior to proceeding forward with an application.
Rental Per Month: £1100 Deposit Amount To Be Held In The Deposit Protection Service (dps): £ Equivalent to 5-week's worth of Rent.
Further information regarding the scheme can be found here: Custodial terms and conditions | dps () Length Of Tenancy: 6 months minimum term Local Authority: Solihull mbc Council Tax Band: A Further Material Information:- Part A Council Tax / Domestic Rates: A Rent: 1100 Deposit(s): Equivalent to 5-week's worth of Rent.
Part B Property type: Apartment Property construction: Unknown Number and types of room: 2 bedrooms Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Gas Broadband: You should make your own enquires into the coverage.
Mobile signal/coverage: You should make your own enquires into the coverage.
Parking: Yes Part C Building safety: This property has cladding, as far as we know the current position with the property is:- It's been tested and there are no works required.
You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place. Restrictions: N/a. Rights and easements: N/a.
Flood risk: N/a. Coastal erosion risk: N/a. Planning permission: N/a. Accessibility/adaptations: N/a. Coalfield or mining area: N/a. Energy Performance Certificate (EPC)**: C
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
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FAQ
About 5, Wilson Avenue, Birmingham
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