Summary - 10 APARTMENT 28 ARTHUR PLACE BIRMINGHAM B1 3DB
2 bed 1 bath Apartment
Vacant two-bed with parking and strong rental potential near central stations.
Two double bedrooms, generous main bedroom
This two-bedroom apartment in the Jewellery Quarter offers practical city living with clear investment appeal. The open-plan living room and two double bedrooms suit first-time buyers wanting move-in-ready space or landlords seeking a tenant-ready asset. An allocated underground parking space is a strong plus for central Birmingham.
The property is currently vacant and shows well, with potential gross yield around 8% and scope to increase returns with minor updates. Built in 2003, the flat benefits from double glazing and contemporary finishes but uses electric room heaters rather than a communal gas system.
Buyers should note the approximate annual service charge of £2,930 and a small ground rent of £100. The lease stands at about 101 years — sufficient but should be reviewed by purchasers. The local area is lively and well connected: New Street, Snow Hill and the Jewellery Quarter are all within walking distance.
Overall this is a practical, well-located apartment for someone entering the property market or for an investor seeking immediate rental income. Be aware of above-average local crime statistics and the running costs associated with electric heating and the service charge when assessing affordability.
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