2-bedroom flat · B17 8HL
Sold STCListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *Prime Properties in Birmingham!* Discover this 2 bedroom groundfloor maisonette on Hickory Drive, brought to you by Connells Bearwood.
Perfect for first-time buyers, commuters, or investors looking for a well-connected home in a popular location.
*Contact Us Today * description This well-presented two-bedroom ground floor maisonette on the sought-after Hickory Drive offers an excellent opportunity for first-time buyers, downsizers, and investors alike.
Combining spacious accommodation with attractive lease terms and low running costs, this is a property not to be missed.
The accommodation comprises a bright and spacious lounge, a fitted kitchen, two well-proportioned bedrooms, and a family bathroom.
Externally, the property benefits from a private rear garden, providing the perfect space for outdoor dining, entertaining, or simply relaxing, together with a garage en bloc offering valuable additional storage or secure parking.
A standout feature of the property is the 25% share of the freehold, alongside an extended lease of approximately 169 years remaining, giving purchasers long-term peace of mind.
The property also benefits from no ground rent and a service charge of approximately £35 per calendar month, making it a cost-effective home to own.
Ideally positioned within easy reach of Bearwood High Street, residents can enjoy a wide range of local amenities including supermarkets, independent shops, cafés, restaurants, healthcare facilities, and leisure amenities.
Excellent transport links are available via nearby Smethwick Rolfe Street and Smethwick Galton Bridge railway stations, providing convenient access to Birmingham City Centre and beyond.
Agent Notes Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Agent Notes The property is being sold with a 25% share of the freehold.
Lounge This bright and spacious reception room is arranged as a large living space and potential for a dining area, with sliding doors leading out to the rear garden.
Finished with freshly painted walls and carpeted flooring.
Kitchen This compact kitchen is fitted with white units and offers space for essential appliances like a washing machine, and a fridge freezer..
A window above the sink brings in natural light, while the layout provides practical storage and worktop space for everyday use.
Garden This enclosed rear garden offers a private outdoor space with a mix of lawn and patio. Bedroom One Features double-glazed windows, a radiator, a ceiling light point, and a carpeted floor.
Bedroom Two Features double-glazed windows, a radiator, a ceiling light point, and a carpeted floor. Bathroom This functional bathroom features a panelled bath with overhead shower, and a wash basin.
Finished with a frosted window for privacy, We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
FAQ
About 55, Hickory Drive, Birmingham
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