Summary - APARTMENT 64, 41, ESSEX STREET B5 4TT
1 bed 1 bath Apartment
Minutes from New Street and Bullring, strong rental potential for student market.
Vacant one-bedroom apartment, 579 sqft, open-plan reception/kitchen
115 years remaining on lease; leasehold sale — check legal pack
Ground rent £300pa; service charge details in legal pack
EPC rating B; double glazing and lift access present
24-hour concierge and communal grounds included
Electric room heaters (no communal gas central heating)
Located in student-heavy, deprived area with high local crime
For sale by public auction; administration fee and auction terms apply
A compact one-bedroom apartment in the heart of Birmingham city centre, offered vacant and suitable for immediate occupation or rental. The block is modern with double glazing, lift access and 24-hour concierge, and the apartment has an Energy Performance Rating of B. Its location places New Street station, the Bullring and city-centre amenities within easy walking distance — useful for lettings to students and short-term renters.
This lot will be sold at public auction; buyers should note the sale will exchange on the fall of the gavel and an administration fee applies. The property has a long lease (115 years remaining) and a ground rent of £300 per annum. Full details of the service charge and any additional costs are available only in the legal pack and should be checked before bidding.
Practical considerations: heating is by electric room heaters rather than a communal gas system, which may affect running costs. The building sits in a cosmopolitan, student-dominated neighbourhood with fast broadband and excellent mobile signal, but the wider area records high crime levels and higher local deprivation than average — factors that can influence rental demand, insurance and management arrangements.
For an investor targeting the student market or a buyer wanting a central pied-à-terre, this apartment offers location and convenience. Carrying out your own surveys and reviewing the legal pack will clarify service charges, any management terms, and the confirmed tenure position prior to auction purchase.
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