1-bedroom flat · B24 0AB
Sold STCReduced £50k (−50%) on 11 SepListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Extended lease – 128 years remaining ** A one double bedroom ground floor flat in this popular location on the north east side of the B24 postcode area, close to the Chester Road and therefore the Sutton Coldfield postcode boundary.
Benefits include a communal entrance intercom with remote door release, reception hall with good size storage cupboard, lounge with bay window, fitted kitchen with appliances, bathroom, electric heating including economy 7 option, double glazing, communal grounds and parking, individual garage for this property and no upward sales chain.
Advantageous location for access to Chester Road Cross City Line Rail Station, Wylde Green with shops, amenities, popular restaurants and services plus multi-directional commuter routes within 850m/0.5 miles.
Council Tax Band: A. Tenure: Leasehold – Extended 13 July 2015 with new expiry 24 March 2153 giving 128 remaining. Service Charge £2,318.96 per year including reserve fund, reviewed annually.
Ground Rent £0. Descriptions, floor plans, measurements and photographs of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further specific enquiries to ensure that our descriptions, floor plans, measurements and photographs are likely to match any expectations you may have of the property.
We have not tested any services, systems or appliances at this property.
We strongly recommend that all the information we provide be verified by you on inspection and by your surveyor and conveyancer.
Measurements supplied are for general guidance only and as such should be considered as incorrect. Tenure must be confirmed via solicitors. All images are property of waller & farnworth ltd.
Hall Store (4' 6'' x 3' 2'' (1.37m x 0.96m)) Lounge (16' 0'' into bay x 11' 2'' (4.87m x 3.40m)) Kitchen (7' 11'' x 8' 11'' (2.41m x 2.72m)) Bedroom (13' 5'' x 8' 8'' (4.09m x 2.64m)) Bathroom (7' 11'' max x 5' 10'' (2.41m x 1.78m)) Garage (No 7) (16' 4'' x 7' 10'' (4.97m x 2.39m))
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Flat 7, Silverbirch Court, Orphanage Road, Birmingham, West Midlands B24 0AB
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