City-centre loft-style apartment with rental potential near Jewellery Quarter station.
Two-bedroom upper-floor flat with en-suite and separate bathroom
A two-bedroom upper-floor apartment in the converted Million Pen Building, offered via online auction on 4 December 2025. The apartment combines industrial character—high ceilings, large windows and exposed brickwork—with a contemporary open-plan living space and fitted kitchen. One bedroom benefits from an en-suite; a separate bathroom serves the second bedroom.
This lot is aimed at investors seeking city-centre rental income. Projected rent is approximately £1,150 pcm, and the property includes a designated off-street parking space and excellent transport links within walking distance of Jewellery Quarter station and central Birmingham. Fast broadband and strong mobile signal support lettings to young professionals and students.
Buyers should note several material considerations. The property is leasehold (245 years remaining) and carries an annual service charge of about £2,500 plus a ground rent of £250. The wider area is classified as deprived with high local crime rates and a predominantly student population, which can affect tenant profile and management needs.
This apartment offers straightforward rental potential and characterful city living, but requires buyers to factor in service charges, local area risks and auction purchase timings. Prospective purchasers should download and review the legal pack and budget for any remedial or management work before bidding.
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