Summary - Adjacent Block 'A2', Sloane Street B1 3LD
2 bed 2 bath Apartment
Ready-to-rent two-bedroom city apartment with long lease and nominal ground rent.
2 bedrooms, 2 bathrooms, 663 sqft — practical city-centre layout
Completed new-build in Scholars Quarter — ready for immediate letting
998-year lease and nominal £1 ground rent — long-term security
Projected development yields around 5–6% (development estimate)
Energy-efficient electric heating reduces running costs
Excellent transport links; close to major employers and stations
Very slow broadband speeds — may deter some tenants/home-workers
High local crime and area deprivation — consider tenant profile carefully
This two-bedroom, two-bathroom apartment in Scholars Quarter offers a move-in ready investment in Birmingham’s Jewellery Quarter. The development is completed and aimed at young professionals, with modern finishes, integrated appliances and energy-efficient heating that reduce running costs. With 663 sq ft and an open-plan living/kitchen, the layout suits short-term lettings or sharers seeking city-centre convenience.
Key investment strengths include a very long lease (998 years), nominal ground rent (£1), and projected gross yields reported at 5–6% for the development. The location is a short walk to major employers and transport hubs (Grand Central, Snow Hill), supporting steady rental demand and immediate letting potential.
Buyers should note material downsides: the wider area is classified as deprived with high local crime rates, and broadband speeds in the building are reported as very slow — factors that can affect tenant appeal and rental pricing. The neighbourhood is a cosmopolitan, student-dense area, which drives demand but may not suit all tenant profiles.
Overall this apartment is a practical, low-management entry into city-centre letting: strong transport links and a completed development support immediate income, while local social factors and connectivity limitations should be factored into yield expectations and tenant targeting.
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