1-bedroom flat · B16 8WG
For saleReduced £35k (−17.1%) on 21 JunListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented one-bedroom apartment located in the prestigious development The Bank, Birmingham, B16 8WG.
Perfect for professionals or investors seeking a high-quality city centre residence within walking distance to Brindley Place and the Financial District.
This modern apartment offers a thoughtfully designed open-plan layout with floor-to-ceiling windows that fill the living space with natural light.
The contemporary kitchen comes fully equipped with integrated appliances, while the spacious bedroom provides ample storage. The bathroom is finished to a sleek, high specification.
Residents enjoy access to exclusive on-site amenities including a 24-hour concierge and residents’ gym.
*Amenities - 24-hour concierge service - Residents’ gym and lounge - Secure fob entry system - Lift access - Bicycle storage - Intercom system *Very convenient location - Short walk to Brindley Place and Broad Street - Easy access to Birmingham New Street and Five Ways stations - Close to restaurants, bars, and shopping facilities - Within the heart of the city centre and business district *Development facts - Tenure: Leasehold - Leasehold: 250 years from 2018 - Ground Rent: £350 per year - Service Charge: £1,700 per year - Council Tax Band: C - EPC Rating: C Contact Ying Wah Property today to arrange a viewing as soon as possible.
***Disclaimer*** Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment.
We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About The Bank, Tower 1, 60 Sheepcote Street, Birmingham
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