2 bedroom apartment for sale
Navigation Way, Birmingham, B18

- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Sold via THE MODERN METHOD OF SALE
- No Upward Chain – Sold with vacant possession, ready for immediate occupation or rental.
- Exceptional Yield – 11.4% potential gross yield based on £115,000 reserve and £1,100 PCM rental dema
- Legal Pack Ready – Full Management Pack (LPE1) prepared, allowing guaranteed 56-day completion.
- Ultra-Long Lease – 225-year lease remaining, providing security for mortgage buyers and long-term in
- Prime Hospital Corridor Location – Close to Birmingham City Hospital (0.2 miles, 4-min walk) and Mid
- Spacious Traditional Layout – Two genuine double bedrooms, separate lounge, and separate kitchen (no
- Strategic Connectivity – Immediate access to A38, M6, and just 0.6 miles from the Jewellery Quarter.
- Move-In Ready – Well-presented throughout, ideal for professionals, investors, or first-time buyers.
- Prime City Location – Fringe of Birmingham Jewellery Quarter with excellent access to city centre am
Description
NEW INSTRUCTION: B18 5RW – 10.8–11.4% Yield – No Chain – Prime Hospital Corridor
Description:
EXCEPTIONAL INVESTMENT & CITY LIVING OPPORTUNITY – NO UPWARD CHAIN
We are delighted to present this well-proportioned, two-bedroom apartment situated in a sought-after area of Hockley (B18 5RW). Perfectly positioned for working professionals and medical staff, this property is offered with Vacant Possession and No Upward Chain, ensuring a swift and certain transaction for the incoming buyer.
THE PROPERTY:
The apartment is well-presented throughout and features a spacious, separate lounge and a fully fitted, separate kitchen, providing a traditional layout that offers significantly more living space and privacy than typical open-plan city-centre flats. Both bedrooms are of a generous size, and the property further benefits from a secure resident-only car park.
STRATEGIC LOCATION:
The property is ideally situated on the fringe of the Birmingham Jewellery Quarter (0.6 miles) and sits within a prime healthcare corridor, offering unbeatable proximity to Birmingham’s major hospitals.
Birmingham City Hospital: Just a 4-minute walk (0.2 miles)
Midland Metropolitan University Hospital: A 4-minute drive (0.8 miles)
Unrivalled Connectivity: Immediate access to the A38 and M6, with Birmingham City Centre and its extensive amenities just minutes away.
INVESTOR HIGHLIGHTS:
Outstanding Potential Yield: Based on a £115,000 reserve and rental demand of £1,050 – £1,200 PCM, this property offers a potential gross yield of 10.8% – 11.4%.
Leasehold Security: Sold with an impressive 225-year remaining lease.
Legal Ready: Allowing for a guaranteed 56-day completion via the Modern Method of Auction.
Summary:
Whether you are an investor seeking a high-performing, recession-proof asset or a first-time buyer looking for a spacious home in a central location, this property is a "must-see." Internal viewing is highly recommended.
KEY INVESTMENT HIGHLIGHTS
NO UPWARD CHAIN: Sold with vacant possession—ready for immediate occupation or rental.
10.8% – 11.4% POTENTIAL GROSS YIELD: Exceptional return based on £115,000 reserve and high local rental demand (£1,100 PCM).
LEGAL PACK READY": Full Management Pack (LPE1) is already prepared to ensure a guaranteed 56-day completion.
225-YEAR LEASE: Rare, ultra-long leasehold security—perfect for mortgage buyers and long-term appreciation.
DUAL HOSPITAL CORRIDOR:
Birmingham City Hospital: 0.2 miles (4-minute walk)
Midland Metropolitan University Hospital: 0.8 miles (4-minute drive)
SPACIOUS TRADITIONAL LAYOUT: Two genuine double bedrooms with a separate large lounge and separate kitchen (no open-plan cooking smells).
PRIME CONNECTIVITY: Allocated resident parking with immediate access to the A38, M6, and just 0.6 miles from the Jewellery Quarter.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Navigation Way, Birmingham, B18
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Visit our security centre to find out moreDisclaimer - Property reference 447564. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Yopa, North West & Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Yopa, North West & Midlands on 01525 659945.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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