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Studio Serviced Apartments

Branston Street, Jewellery Quarter, B18

Key Features

  • block of 5 apartments
  • 4 x 2 bed and 1 x 3 bed
  • potential rental income of £61,200 per annum (9% yield)
  • walking distance to jewellery quarter train station
  • freehold

Property Description

This freehold block of 5 apartments in the Jewellery Quarter consists of 4 x 2 bed and 1 x 3 bed. You will need a little imagination to see the endless potential this development offers as some works are required to restore the flats to a high luxury standard in order to optimise the capital value and rental yield. Once inside you will see the potential that each flat has as they consist of high ceilings and characteristic windows throughout. The flats have access to a communal area which can be utilised in the summer months.

The Jewellery Quarter is a designated conservation area and proposed World Heritage Site and is already a prestigious and highly desired part of Birmingham. It is experiencing further development as some of the old factories are converted into apartments, restaurants and shops. It is only a short distance to all that Birmingham City Centre has to offer. This development opportunity is located in the heart of this historic district and therefore once the apartments are refurbished, the finished product will encourage strong demand, capital growth and a high rental yield.

Apartment 1 - 2 bed (610 sq ft) - £950pcm
Apartment 2 - 2 bed (668 sq ft) - £950pcm
Apartment 3 - 2 bed (670 sq ft) - £950pcm
Apartment 4 - 2 bed (543 sq ft) - £900pcm
Apartment 5 - 3 bed (1,130 sq ft) - £1,350pcm

Apartment 1 - F
Apartment 2 - D
Apartment 3 - F
Apartment 4 - F
Apartment 5 - F 
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