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Mason Way, Park Central, Birmingham City Centre, B15

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

550 sq ft

51 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Guide Price: £160,000 - £170,000
  • Two generously proportioned bedrooms within approximately 550 sq ft
  • Floor-to-ceiling glazing within both bedrooms
  • Open-plan kitchen, lounge and dining area with private balcony
  • One secure allocated parking space within the integral garage
  • Large south-west-facing communal terrace
  • Secure entry, lift access and easy walking reach of New Street, Five Ways, Brindleyplace, Broad Street and The Mailbox
  • 150 year lease dating from 2013 with 136 years remaining

Description

HOW OFTEN DOES CITY-CENTER VALUE LOOK LIKE THIS?

Two properly usable bedrooms. A private balcony. Secure allocated parking. Approximately 550 sq ft of accommodation. All offered at a Guide Price of £160,000–£170,000.

Apartment 17 presents an increasingly difficult-to-find combination: the accessibility of Birmingham city-centre living, without sacrificing bedroom space, storage, outdoor space or somewhere secure to park.

A CITY ADDRESS WITH ROOM TO BREATHE.

Positioned within the established Park Central development, the apartment sits between Birmingham’s commercial centre and Edgbaston, with Sunset Park and Moonlit Park bringing valuable greenery to the immediate surroundings.

The development was completed in approximately 2013 and is served by a secure communal entrance and lift. Residents also have access to an exceptionally generous south-west-facing communal terrace - an impressive shared outdoor space for relaxing in the afternoon and evening sun.

A LOCATION THAT CHANGES HOW YOU USE BIRMINGHAM.

Could you leave the car at home and walk almost everywhere you need to go?

Birmingham New Street and Grand Central are approximately a 15-minute walk away, while Five Ways railway station is around 0.4 miles from the apartment.

The Mailbox, The Cube and O2 Academy Birmingham can all be reached in around ten minutes on foot. Broad Street, Brindleyplace and Gas Street Basin are also within approximately 10–15 minutes, opening up some of Birmingham’s finest canalside restaurants, cafés, bars and entertainment.

Continue through Brindleyplace and you have the ICC, Symphony Hall, Library of Birmingham, Ikon Gallery, National SEA LIFE Centre and Utilita Arena. In the opposite direction, New Street and Grand Central lead directly into the Bullring, Selfridges and Birmingham’s principal shopping district, with Chinatown, the Hippodrome and Southside also within comfortable walking reach.

Whether it is the morning train, dinner beside the canal, a concert at Symphony Hall, shopping at the Bullring or an evening in Brindleyplace, this is a location from which Birmingham can genuinely be enjoyed on foot.

ROOMS THAT DO NOT FEEL TOKEN.

At approximately 550 sq ft, the apartment has been planned intelligently - but its bedrooms are the real surprise.

Bedroom one extends to more than 4.6 metres in length and is illuminated by dramatic floor-to-ceiling glazing. It is a genuinely substantial principal bedroom, with the proportions to accommodate additional wardrobes, a dressing area or a work-from-home space.

Bedroom two is nearly four metres long and also benefits from large floor-to-ceiling windows. It is far removed from the undersized second bedroom found in many modern apartments and offers valuable flexibility for a second occupant, guests or a dedicated home office.

SPACE TO ARRIVE, STORE AND RESET.

The generous entrance hallway creates a proper sense of arrival while providing access to useful built-in storage.

A separate cupboard houses the washing machine, keeping laundry appliances away from the main living space, while the large bathroom includes a fitted bath with shower - another practical feature that can be surprisingly difficult to find in compact city apartments.

WHERE THE DAY COMES TOGETHER.

The kitchen, lounge and dining area are arranged as one sociable open-plan space, creating room to cook, eat, relax and entertain without the apartment feeling compartmentalised.

From here, the private balcony provides another welcome connection to the outdoors - somewhere for a morning coffee, a drink at the end of the day or simply a little fresh air without leaving home.

OUTDOOR SPACE - TWICE OVER.

The private balcony is complemented by the development’s large south-west-facing communal terrace area.

For an apartment so close to the centre of Birmingham, having both private and shared outdoor space gives this home a completely different rhythm during the warmer months.

AND YES, THERE IS PARKING.

The apartment includes one secure allocated parking space within the building’s integral garage.

That detail makes the location even more versatile: walk into the city when it suits you, use nearby rail connections for longer journeys and still retain the convenience and security of having your own parking space.

THE NUMBERS DESERVE ATTENTION.

At the midpoint Guide Price of £165,000, a rental figure of approx £1,089 per calendar month would produce an annual gross rent of £13,068 - equivalent to a potential gross rental yield of approximately 7.9%.

Across the full Guide Price range, the equivalent potential gross yield would be approximately 7.7%–8.2%, before service charge, ground rent, management fees, maintenance, void periods, finance and other ownership costs.

For investors, first-time buyers, professionals or anyone wanting a well-connected base in Birmingham, the combination of price, space, parking and location is difficult to overlook.

KEY INFORMATION.

Guide Price: £160,000–£170,000
Approximate floor area: 550 sq ft / 51 sq m
Ground rent: £150 per annum
Service charge: £2,687.92 per annum
Parking: One secure allocated space within the integral garage
Development completed: Approximately 2013

All measurements, lease information and annual charges should be confirmed by the purchaser’s solicitor.

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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit,Gated
GARDENA property has access to an outdoor space, which could be private or shared.
Terrace
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Mason Way, Park Central, Birmingham City Centre, B15

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Affordability

Monthly repayments£803
Property: £ 160,000
Deposit: £ 16,000
Interest rate: 5.33%
Term: 30 years
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Renovation potential
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Disclaimer - Property reference S1821882. 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 Shaw Property Collective - Powered by eXp UK, 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.

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