New home

1/8

New home

1/8

1 bed flat for sale Rea Street, Digbeth, B5

Asking Price

£219,995

Added on 02/10/2026

New home

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £499 per sq ft
Tenure: Ask agent

Service charge £1,800 a yearNo ground rent (peppercorn)

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

New build
Communal gardens
24-hour concierge
Lift
Residents' gym
Residents' cinema

About this property

Smithfield House, Rea Street, Birmingham, B5 6HT
Prices From: 229,995
1 & 2 Bedroom Apartments
999-Year Lease
Zero Ground Rent

A Rare Opportunity to Own in Birmingham’s Most Transformative New Development

Smithfield House offers a unique chance to invest in a landmark city centre development, forming part of the £2.4 billion Smithfield regeneration scheme—set to completely reshape the heart of Birmingham. This is a once-in-a-generation opportunity to live or invest in a vibrant new neighbourhood designed for modern, sustainable living.

Council tax

Ask agent

Per year

Band A

£1,575
Band B

£1,838
Band C

£2,100
Band D

£2,363
Band E

£2,888
Band F

£3,413
Band G

£3,938
Band H

£4,726

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Birmingham, 2026/27 bills run from £1,575 a year in band A to £4,726 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Birmingham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

100 comparables · within 1 mile

Priced above 97% of the 1-bed flats for sale nearby right now.

This home, £219,995 Median £141,500 · £100,000 – £190,000

Per square foot

£499 80% over

1-bed flats nearby £277

Against sold prices

31% over

B5 sold median £380 / sq ft, 169 sales

Compared with 100 1-bed flats for sale within 1 mile, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in B5 over the last 24 months, per square foot of EPC floor area.

Location

Rea Street, Digbeth, B5

Open map Street View

Part of a development

This home is in Smithfield House. See the scheme's facilities, developer and other homes there.

Smithfield House

Birmingham

View development

Mortgage and stamp duty

Property price £219,995

£109k £330k

Deposit10% £22,000

£0 £220k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £197,995 mortgage. Most lenders would want a household income of about £44,000 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.

Properties sold nearby

HM Land Registry sales on Rea Street. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
5, Rea Street B5 6HA Terraced	Terraced	Jun 2013	775 sq ft £116/sq ft	775 sq ft	£116	£90,000
3b, Rea Street B5 6HA Flat / maisonette	Flat / maisonette	Aug 2010	732 sq ft £75/sq ft	732 sq ft	£75	£55,000
5, Rea Street B5 6HA Terraced	Terraced	Jun 2009	775 sq ft £174/sq ft	775 sq ft	£174	£135,000
6, Rea Street B5 6HA Flat / maisonette	Flat / maisonette	Mar 2009	710 sq ft £197/sq ft	710 sq ft	£197	£140,000
5, Rea Street B5 6HA Terraced	Terraced	Oct 2008	775 sq ft £116/sq ft	775 sq ft	£116	£90,000
50 - 54, Rea Street B5 6BB Terraced	Terraced	Feb 2008	n/a	n/a	n/a	£100,000
6, Rea Street B5 6HA Flat / maisonette	Flat / maisonette	Jan 2008	710 sq ft £113/sq ft	710 sq ft	£113	£80,000
5, Rea Street B5 6HA Terraced	Terraced	Jan 2008	775 sq ft £103/sq ft	775 sq ft	£103	£80,000