5 New Market Street, Birmingham, West Midlands

Introduction

The Vault Real Estate are delighted to present this stunning investment opportunity, located in the Colmore Business District within the heart of Birmingham City Centre, directly above Michelin Star restaurant, Purnells. This two-bedroom apartment is located on the second floor and benefits from 2 bedrooms, an en-suite in the principal bedroom, a reception room, a kitchen and a family shower room.

This property has recently been let and is currently tenanted, making this a ideal investment opportunity for landlords and property investors.

The Location

New Market Street can be found in the Colmore Business District in Birmingham City Centre and is surrounded by great facilities and amenities. Birmingham New Street, Birmingham Snow Hill, Broad Street, The Mailbox, Grand Central, St Paul’s Square, Brindley Place and The Bullring are all in proximity and offer a great selection of bars, restaurants, pubs, clubs, retailers, coffeehouses, national brands and large retailers. Additionally, Aston University is 10 minutes away and bcu and uob are also located nearby.

The Property

Access to the property can be obtained via the main entrance, which leads into the lobby, where you will find individual post-boxes for each apartment, as well as electricity meters for each property. Further into the lobby is the elevator. Upon entering the apartment, you’ll find the:

Hallway
The hallway benefits from wood effect flooring and allows you to gain access into the reception room, the family shower room and the two bedrooms. There is also a storage heater in the lobby.

Lounge 21’7” x 14’7”
The large lounge features carpet flooring, a storage heater and LED lights. The lounge benefits from three bay windows which face the front, corner and side of the apartment complex.

Kitchen 9’6” x 8’3”
You can enter the kitchen from the lounge, which is located directly to the left as you walk in. The kitchen boasts wood-effect flooring and is equipped with a dishwasher, washing machine, fridge/freezer, a stainless-steel single bowl sink with a drainer, a four-plate electric hob, a grill and fan oven, along with various kitchen counters, cabinets, and drawers. Furthermore, there is a double-glazed window on the side of the apartment that looks out onto Cornwall Street.

Bedroom One 22’2’’ x 9’6’’
This is the principal double bedroom of the apartment and benefits from carpet flooring, a storage cupboard, a ceiling light point, a storage heater and a double-glazed window which overlooks New Market Street.

En-Suite 6’9’’ x 5’8’’
Exclusive to the principal bedroom, the en-suite includes a back to wall w.c, a freestanding wash hand basin, a single ended bathtub, tile flooring, LED spotlights, an extraction system and a wall mounted bathroom heater.

Bedroom Two 10’9’’ x 7’5’’
The second bedroom of the property boasts a carpet floor, a double-glazed window to the side of the building and a storage heater.

Shower Room 6’7’’ x 6’4’’
The family shower room includes a freestanding wash hand basin, a back to wall w.c, a walk-in shower with a handheld shower head, a extractor fan, LED spotlights and a bathroom heater.

Outside The Property

Principle Elevation
To the front of the property, you’ll find on-street parking directly on New Market Street.

Rear Elevation
The back of the property can be accessed via the lobby area or the side gated passage and is generally an area reserved for refuse and litter wheelie bins.

Further Information

Tenure – This property is believed to be a freehold.
Council Tax Band – D – Local Authority Birmingham City Council
Ground Rent – Payable
Service Charge – Payable

Disclaimer

Although we have made every effort to ensure the information in this brochure is accurate, we encourage all interested parties to verify the details, including the description and floorplan, through inspection or other means. Any fixtures and fittings mentioned should be considered excluded from the sale unless explicitly stated. We have not tested any appliances or services and cannot guarantee their functionality.

Leasehold Information

Number of years remaining on the lease: 100 years

Council tax band: D