Summary - Flat 2, Sterling Court, 47 Newhall Hill B1 3JN
1 bed 1 bath Apartment
Prime buy-to-let close to transport, shops and university demand.
- One-bedroom apartment in Jewellery Quarter location
- Currently tenanted; rent £738 pcm, rising to £760 pcm in July
- 73 years remaining on lease — lenders may refuse mortgages
- Lease extension estimated at £12,000 (buyer’s responsibility)
- Service charge approximately £1,260 per year
- Gated parking available to lease (not included)
- Electric storage heating; modern double glazing
- Area records above-average crime; check local safety measures
Set close to the Jewellery Quarter, this one-bedroom apartment sits in a convenient, well-connected part of central Birmingham that appeals to buy-to-let investors. The flat is compact but well laid out, with a separate kitchen area, a generous bedroom and two large storage cupboards — practical features for tenants.
The property is currently tenanted, producing £738 pcm and with a new tenancy agreed from July at £760 pcm. Gated parking is available to lease at the rear (not included), which can help attract longer-term tenants. The building is modern (circa 2003–2006) with double glazing and electric storage heaters, keeping running infrastructure straightforward.
There are important lease considerations: 73 years remain and many lenders may refuse a mortgage on that basis. A lease extension is estimated at about £12,000 and would be the purchaser’s responsibility. Service charges run at £1,260 per year, and the area records above-average crime levels — factors investors should weigh against rental income and location benefits.
This apartment suits a cash buyer or a landlord able to handle a lease extension. It offers strong rental demand thanks to the nearby university, transport links and local amenities, but the lease position and lender restrictions require early investigation before committing.
1 bedroom apartment for sale in Arthur Place, Birmingham, B1 3DB, B1 — £155,000 • 1 bed • 1 bath • 453 ft²
1 bedroom flat for sale in 123 Camden Street, Birmingham, B1 — £230,000 • 1 bed • 1 bath • 423 ft²
1 bedroom apartment for sale in Powell Street, Birmimgham, B1 — £145,000 • 1 bed • 1 bath • 485 ft²
2 bedroom apartment for sale in Branston Street, Birmingham, West Midlands, B18 — £175,000 • 2 bed • 2 bath • 566 ft²
1 bedroom apartment for sale in Dayus House, Tenby Street South, Jewellery Quarter, B1 — £145,000 • 1 bed • 1 bath • 456 ft²
1 bedroom apartment for sale in Arthur Place, Birmingham, West Midlands, B1 — £158,000 • 1 bed • 1 bath
