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Features

Unbeatable Location: Situated in the historic and desirable St. Paul's Square, an exclusive enclave within the Jewellery Quarter.
Ideal Investment: A strong asset with demand from professionals as a high-yield rental investment and opportunity to add value.
Excellent Connectivity: Just a short walk to the Business District and major transport hubs including the future HS2 terminal.
Heart of Culture: Surrounded by the area's historic independent jewellers, boutique shops, renowned bars, and high-end restaurants.
Chain free
£900pcm expected rental income
For Sale by Modern Auction – T & C’s apply
Subject to Reserve Price
Buyers fees apply
Discounted due to short lease - approx 59 years remaining

Summary

A superb opportunity to acquire a larger than average one-bedroom apartment on the highly regarded St. Pauls Square, perfectly positioned within Birmingham’s famous Jewellery Quarter. The city’s only remaining Georgian Square, St Pauls offers a serene, historic residential address that sits right on the edge of the vibrant city centre and the thriving business district.

Description

An exceptionally well proportioned one-bedroom apartment located on the first floor of this mews development accessed from St Paul’s Square. The South-East facing property offers a bright and functional layout, with a main living/dining area, a separate fitted kitchen with breakfast bar and a generous double bedroom with built-in wardrobes. There is the interesting investment potential to convert this into a 2-bed flat (subject to all necessary consent), as other flats in the block have done.

The apartment is neatly presented throughout, ensuring it is ready for immediate occupation or rental, while also giving the opportunity of adding-value and making the space your own by updating the kitchen and bathroom or reconfiguring the layout. Its position within the historic mews provides a quiet retreat while maintaining immediate access to the energetic heart of the city.

St. Paul's Square is renowned as one of Birmingham's most desirable addresses with well renowned cafes, restaurants and bars lining the square. The area beautifully blends elegant Georgian architecture with the creative hub of the Jewellery Quarter, while the city centre is right on your doorstep offering a unique atmosphere unlike anywhere else in the city.

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Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Utilities, Rights, Easements & Risks

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Rights & Restrictions
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Risks
Flooded in last 5 years Ask Agent
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Additional Details

Bedrooms: 1 Bedroom
Tenure: Leasehold
Lease Duration: 99 years
Lease Remaining: 58 years

Map

Street View

Floorplans

EPC Charts

Mobile Coverage

Indoor
Provider Voice Data 4G
EE
Three
O2
Vodafone
Estimated mobile coverage provided by Ofcom for this property's postcode.
Outdoor
Provider Voice Data 4G
EE
Three
O2
Vodafone
Estimated mobile coverage provided by Ofcom for this property's postcode.

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Short Lease Property Sales - Nationwide 02030266288