Summary -
109 Millennium Apartments,95 Newhall Street,BIRMINGHAM,B3 1BA
B3 1BA
1 bed 1 bath Flat
Turnkey one-bedroom investment with parking, gym and immediate rental income..
- Large 1-bed open-plan apartment, approximately 814 sq ft
- Currently tenanted at £1,100 pcm (immediate income)
- On-site gym, sauna and communal terrace
- Allocated garage parking included
- Leasehold with 97 years remaining
- Service charge £4,562 pa (above average)
- Ground rent £175 pa; EPC rating D
- Very slow broadband and very high local crime
A well-sized one-bedroom apartment in Millennium Apartments, offering immediate rental income and strong city-centre demand. The open-plan living and kitchen are bright and contemporary, with integrated-style fittings and large windows that suit professional tenants or short-term lets. On-site amenities — private gym, sauna and a shared terrace — add appeal for renters and help maintain high occupancy.
Practical benefits include an allocated parking garage space, 97 years remaining on the lease, and no flood risk. The property is currently tenanted at £1,100 pcm, making this a turn-key investment for buy-to-let portfolios targeting students and city professionals.
Notable costs and constraints are material: an above-average service charge of £4,562 per year and a ground rent of £175. Broadband speeds in the building are reported very slow, and local crime levels are very high — factors that can affect tenant choice and management overheads. EPC rating D and leasehold tenure should be considered when assessing long-term yield.
Overall, this apartment suits investors seeking central Birmingham rental income with low immediate refurbishment needs. Budget for ongoing levy costs, factor in slower broadband and higher local crime when forecasting net returns, and verify current tenancy details before purchase.
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