Summary - FLAT 7, GALTON TOWER, CIVIC CLOSE, BIRMINGHAM B1 2NW
2 bed 1 bath Apartment
Auction opportunity: spacious city-centre flat for refurbishment and investment, short lease caution.
Large two-bedroom second-floor flat — approx. 912 sq ft
A large two-bedroom second-floor apartment presented for sale by public auction, offered with vacant possession. The flat totals approximately 912 sq ft and sits within a high-rise 1970s purpose-built block in Birmingham city centre (B1). It currently has double glazing and an EPC rating of C but requires full modernisation throughout, including an outdated kitchen, evidence of damp in parts and electric room heaters.
The property is offered leasehold with approximately 82 years remaining on a 125-year term — a materially short lease for buyers who intend to mortgage or hold long term. Service charges are estimated at £1,273.76 for 2024/25 and additional costs and legal pack details will be available at auction. The building has communal grounds, communal parking and a small balcony to the flat.
Location factors support rental or refurbishment plays: the immediate area is inner-city cosmopolitan with a strong presence of new EU tech workers, excellent mobile signal and fast broadband. However, the neighbourhood scores high on deprivation and recorded crime levels are very high; these are important considerations for management, insurance and tenant demand.
This lot will suit an investor or experienced refurbisher prepared to take on a short-lease asset and carry refurbishment and possible lease-extension costs. Bids will be taken at auction; read the legal pack carefully, note the administration fee and allow for immediate works and lease negotiations post-purchase.
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