874 Jupiter Apartment, 58 Sherborne Street, Birmingham, West Midlands

Description

Upper floor studio apartment for sale on Sherborne Street. The third floor apartment offers convenient living space and benefits from local amenities and transport links. Internal inspection is highly recommended. EPC Rating B.

Accommodation

Studio: 7.82m x 4.19m; Bathroom: 2.18m x 1.50m; Storage: 1.91m x 0.77m

Location

Popular Sherborne Street, Birmingham, with local amenities and transport links. The property is located in Birmingham's city centre area.

Tenure / Property Information

Tenure	Leasehold
Lease	125 Years from 1st January 2007
EPC	B
Services	Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

Five completed leasehold flat/maisonette sales are recorded at 58 Sherborne Street, ranging from £35,000 to £135,000 between March 2021 and May 2026. However, no flat number, floor, size, condition or transaction comparability is supplied for those sales, so they cannot support a reliable GDV for this specific apartment. No auction guide price is provided.

Strategy Recommendation

Do not set a bid or investment strategy from the supplied evidence alone. First verify the exact unit comparables, legal pack, leasehold charges, condition and achievable rent.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain and review the legal pack and complete the recommended internal inspection before budgeting for any works.

Rental & Market Context

No sufficiently specific external rental comparable identified.

Sold Comparables

The following completed sales were identified within approximately 5 miles:

58, Sherborne Street, Birmingham, Birmingham, B16 8ft 2026-05-22 · Flat/Maisonette · Leasehold	£35,000
58, Sherborne Street, Birmingham, Birmingham, B16 8ft 2025-04-25 · Flat/Maisonette · Leasehold	£68,000
58, Sherborne Street, Birmingham, Birmingham, B16 8ft 2023-12-15 · Flat/Maisonette · Leasehold	£106,000
58, Sherborne Street, Birmingham, Birmingham, B16 8ft 2022-12-09 · Flat/Maisonette · Leasehold	£87,500
58, Sherborne Street, Birmingham, Birmingham, B16 8ft 2021-03-08 · Flat/Maisonette · Leasehold	£135,000

Potential BRRR Position

A BRRR assessment cannot be completed without a supported purchase price, property-specific GDV, rent, refurbishment budget and leasehold cost information. The 125-year lease commenced on 1 January 2007, but ground rent, service charge and other lease terms are not supplied.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The known buyer premium and admin charge would also need to be included alongside the purchase price, works and any leasehold costs.

Flip Analysis

A flip assessment cannot be quantified. Although completed sales at the same street address range from £35,000 to £135,000, the evidence does not identify whether those transactions relate to comparable units. Selling costs and a refurbishment allowance are also unsupported.

Investor Risks & Due Diligence

• No auction guide price is supplied, preventing a bid calculation.

• Rental income and yield cannot be established from the available evidence.

• Same-address sold comparables vary materially and lack flat-specific details.

• Ground rent, service charge, reserve fund and other leasehold costs are not supplied.

• Additional legal-pack disbursements may become payable but are not quantified.

• Internal inspection is recommended and the condition is not evidenced.

Recommendation

Do not set a bid or investment strategy from the supplied evidence alone. First verify the exact unit comparables, legal pack, leasehold charges, condition and achievable rent.

Strategy Rating

HB Rating

★★☆☆☆

Analysis Confidence

Confidence

Low

The property description and tenure are provided, but there is no guide price, property-specific comparable identification, rental evidence, condition budget, leasehold cost information or legal-pack detail.