Turnkey city-centre apartment with terrace and secure parking, ideal for rental income.
No upward chain, vacant possession available for swift completion
Two double bedrooms and two bathrooms, one en-suite
Allocated secure underground parking space included
Large private terrace with city views, accessed from living room
24-hour concierge and residents' gym on site
Leasehold with above-average service charge £5,695 per year
Electric storage heating; consider energy costs and tenant appeal
Local recorded crime level: very high — impacts security and insurance
Set on the eighth floor of the iconic Mailbox development, this two-bedroom apartment offers a straightforward city-centre rental or resale opportunity. The open-plan living area leads to a generous private terrace with city views, while the property includes secure allocated underground parking — a rare commodity in the area.
Practical building services include 24-hour concierge and an on-site residents’ gym, supporting short-term lettings or professional tenants. The apartment is offered chain-free and measures approximately 732 sq ft, with two double bedrooms and two bathrooms (one en-suite) arranged for efficient occupancy.
Buyers should note material running costs and specification: the property is leasehold with an above-average service charge of £5,695 and electric storage heating. The flat was constructed in the late 1990s/early 2000s and has double glazing from that period. These factors affect utility and ongoing expenditure and are relevant for yield calculations.
Location is a key asset — immediate access to Birmingham New Street, shopping at the Bullring, and the Mailbox’s retail and leisure amenities supports strong tenant demand. However, recorded local crime levels are very high; investors should factor this into lettings strategy, security measures and insurance costs.
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