Summary - PRI Building Bennetts Hill, Birmingham, West Midlands, B2 B2 5RS
1 bed 1 bath Flat
Compact one-bedroom ideal for city investors seeking long-lease, low-maintenance rental income.
Long lease remaining (approx. 142–143 years)
This compact one-bedroom apartment sits in a restored Art Deco building on Bennetts Hill, moments from Grand Central/New Street and the Colmore Business District — a highly central spot for tenants seeking city living and commuters. The long lease (approx. 142–143 years) and chain-free sale via the Modern Method of Auction make this a straightforward purchase for investors targeting short voids and ease of transaction.
The flat is open-plan with large feature windows and high ceilings in the building’s communal areas, offering attractive period character combined with modern finishes. It is described as spacious for its 349 sq ft footprint and benefits from double glazing and secure entry with lift access in the development, supporting good rental appeal and low internal maintenance.
Buyers should note important cost and specification facts: an annual service charge around £3,020 and ground rent £250 apply; the property is electrically heated with room heaters and not served by a communal fuel system. The building construction notes timber frame (no assumed insulation) and the local area records very high crime rates and high area deprivation — factors that affect both tenant demand and pricing strategy.
This lot is offered through auction so purchasers must allow for a 4.5% non-refundable reservation fee (minimum £6,600 inc. VAT) plus Buyer Information Pack costs and optional recommended services. For an investor seeking central Birmingham rental income with a long lease and low day-to-day upkeep, this property offers clear upside; for owner-occupiers, especially first-time buyers, budget for service charges, heating limitations, and the auction process before bidding.
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