Summary - Knights House, Parade, Sutton Coldfield, West Midlands, B72 B72 1QB
116 bed 1 bath Block of Apartments
Large central-block investment with long lease and regeneration upside for active landlords.
63 apartments: 10 one-bed, 53 two-bed units
An expansive, purpose-built block of 63 residential apartments arranged from first to ninth floors, offered as a single investment holding in central Sutton Coldfield. The portfolio includes 10 one-bedroom and 53 two-bedroom apartments fitted with contemporary kitchens and fully tiled bathrooms; units are served by two passenger lifts, two staircases and a staffed reception on the ground floor. Building services include electric heating and hot water, LED lighting and a video intercom system. The leasehold title has 999 years remaining, simplifying long-term asset planning.
This property suits investors seeking a high-yield, hands-on asset in a well-served town centre. The location benefits from fast broadband, excellent mobile signal, direct access to retail and leisure amenities, and several highly rated schools nearby—useful for tenant demand. Local regeneration plans are expected to support rental growth and capital appreciation over the medium term.
Buyers should note clear operational and area risks. Recorded local crime levels are very high and the wider area is relatively deprived, both factors that will affect lettability, insurance costs and management overheads. The building’s electric heating and hot-water systems and communal services may require active ongoing maintenance or future upgrade works; purchasers should allow for refurbishment and management budgets. Overall, this is a large-scale, centrally located income asset with strong upside if actively managed and marketed to local rental demand.
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