In line with latest Government’s guidelines on home moving, the housing market remains open during the national lockdown which started on 5th November 2020, and all our offices in England continue to operate. Our offices in Scotland remain in operation following the latest guidelines. Our Welsh offices resumed operations from Monday, 9th November 2020, following the latest guidance on home moving restrictions. Health and safety remains our main priority, and we continue to follow a number of strict measures to protect our customers and staff. More information

£700,000

Branston Street, Jewellery Quarter, B18

SSTC

£700,000

Studio Serviced Apartments SSTC

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

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.

ESTIMATED RENTS:
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

EPC RATINGS:
Apartment 1 - F
Apartment 2 - D
Apartment 3 - F
Apartment 4 - F
Apartment 5 - F 

Calculate your Stamp Duty

Until March 31 2021 most buyers will be exempt from paying stamp duty on the first £500,000 of the purchase price. Calculate how much Stamp Duty you would have to pay on this property by using the calculator below.

Please note: This calculator is provided as a guide only on how much stamp duty land tax you will need to pay in England and Northern Ireland. It assumes that the property is freehold and for residential purposes.

Book a viewing

Contact Martin & Co Birmingham City

  • 28 Carver Street
  • Birmingham
  • B1 3AS

Call 0121 2702633

birminghamcity@martinco.com

Contact us now