Summary - Parking for Sale Newhall Street, Birmingham, B3 B3 1BA
1 bed 1 bath Parking
Ideal for commuters or investors seeking low‑maintenance central vehicle storage.
Gated, covered parking within Millennium Apartments complex
24-hour access with on-site CCTV and concierge
Leasehold: 89 years remaining (125-year original term)
Ground rent £50 per annum (small)
Independent ownership separate from apartments
Located in central Birmingham close to transport and amenities
Local crime levels are very high — may affect insurance and security
Very slow broadband in the area (may affect digital services)
An extremely rare leasehold opportunity to buy a gated, covered car parking space at Millennium Apartments on Newhall Street, in the heart of Birmingham city centre. The space sits within a modern concrete multi-storey building with CCTV, concierge and 24-hour access — practical for commuters who need reliable city parking or investors seeking a low-management income asset.
Ownership is independent of any apartment and the current lease runs to 89 years remaining (125-year original term). Ground rent is minimal at £50 per annum. The covered, secure layout and on-site CCTV reduce exposure to weather and vandalism compared with on-street parking.
Buyers should note this is a leasehold interest with 89 years remaining and a small annual ground rent. The local area records very high crime levels, which may affect insurance costs or perceived security despite the gated entry and CCTV. Broadband speeds in the immediate area are noted as very slow — relevant only if relying on on-site digital services.
This asset suits city commuters who value guaranteed central parking or investors wanting a straightforward, low-maintenance addition to a portfolio. The space’s central location near shops, universities and transport hubs supports demand, but buyers should factor in local area crime and the leasehold term when assessing long-term value.
1 bedroom flat for sale in Millennium Apartments, B3 — £180,000 • 1 bed • 1 bath • 814 ft²
1 bedroom apartment for sale in Newhall Street, Birmingham, B3 — £180,000 • 1 bed • 2 bath • 496 ft²
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2 bedroom apartment for sale in Rogers House, Rowton Lane, Birmingham, B5 — £240,000 • 2 bed • 2 bath • 703 ft²
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