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£129,950
Offers Over

1 bed flat for sale Temple Street, Birmingham, B2 5DB

1 bed 1 bath Flat
Tenure: ask agent

Added today

About this property

PS1026 Perfect for both investors and owner-occupiers, this spacious one-bedroom apartment located in the stunning Essex House development. Packed with original features and soaring high ceilings, this property has been well maintained by the current owners. Offering 585 sqft of living space in an unbeatable location, it’s a real must-see.

Key features

  • Vendor Incentive Available
  • 10% Gross Yield for 1st year *
  • Spacious double bedroom
  • Bright, expansive living area with high ceilings
  • Fully integrated kitchen with all necessary appliances
  • Lift Access
  • Just 0.1 miles from New Street Station and a short 0.1-mile walk to Colmore Row
  • Excellent investment opportunity with high tenant demand and strong potential yields
  • Ground Rent £275 pa
  • Approximate lease length: 101 years

Floorplan

Location

Temple Street, Birmingham, B2 5DB

Council tax
Band D (Approx £2,363/year)

Mortgage and stamp duty

Property price £129,950
£64k £195k
Deposit10% £13,000
£0 £130k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £116,950 mortgage. Most lenders would want a household income of about £26,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in B2 5DB. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Apartment 15, Essex House 25-27, Temple Street Flat / maisonetteApr 2026689 sq ft £210/sq ft£145,000
Apartment 3, Essex House 25-27, Temple Street Flat / maisonetteOct 2025495 sq ft £319/sq ft£158,000
Apartment 15, Essex House 25-27, Temple Street Flat / maisonetteJul 2020689 sq ft £253/sq ft£174,000
Apartment 3, Essex House 25-27, Temple Street Flat / maisonetteNov 2017495 sq ft £300/sq ft£148,500
Apartment 22, Essex House 25-27, Temple Street Flat / maisonetteDec 2016635 sq ft £260/sq ft£165,000
Apartment 2, Essex House 25-27, Temple Street Flat / maisonetteSept 2016344 sq ft £348/sq ft£119,950
Apartment 15, Essex House 25-27, Temple Street Flat / maisonetteJul 2016689 sq ft £196/sq ft£135,000
Apartment 12, Essex House 25-27, Temple Street Flat / maisonetteAug 2015463 sq ft £257/sq ft£119,000

All sold prices in Birmingham →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Peter Smith
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