3 bed Flat (for sale) The Bank Tower 2, Sheepcote Street, Birmingham B15
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28 Carver Street, Birmingham
0121 721 5143
27th Jul 2019
20th Jan 2023
Features
- Type: Flat
- Bedrooms: 3
- Listing status: sale
- Country: England
Description
Earn 9% net rental yield. The Bank Tower 2 presents a range of luxurious one, two and three bedroom apartments in Birmingham’s tallest residential building. At over 100 metres in height, this 33 storey skyscraper offers unrivalled views across the city and its distinctive network of working canals.
A net yield of 9% is available if you let the property as serviced accommodation.
With luxurious finishes throughout, spacious layouts and breathtaking views, The Bank Tower 2 is one of Birmingham's most desirable places to live. Standing in the city's beating heart, The Bank presents a range of luxurious one, two and three bedroom apartments in Birmingham's tallest residential building. At over 100 metres in height, this 33 storey skyscraper offers unrivalled views across one of Europe's most vibrant cities and its distinctive network of working canals.
With the Metro tramline right on the doorstep, an on-site gym, shared open space and ready access to everything offered by this exuberant and multicultural metropolis, life at The Bank just couldn't be more desirable. Europe's youngest city is a renowned seat of learning, drawing thousands of international students to its five outstanding universities. A further 15 universities (offering the widest range of courses) are all within an hour's drive.
Attracting more people moving from London than any other city, Birmingham is also at the centre of one of the largest Business, Professional & Financial Services clusters in Europe. Home to hsbc's new UK banking HQ, Birmingham also boasts large regional offices for such high profile names as Deutsche Bank, Wesleyan, Lloyds, Gowlings and PwC.
Benefiting from 24 hour Concierge, Private Gym, Residents Lounge, Coffee Bar, Ground floor Restaurants and Shops, Secure and private outdoor green open space, Bicycle stores, Concierge parking.
Leasehold information:
Service charge - £3,283 per annum (Approx.)
Ground rent - £350 per annum
Lease length - 250 years
Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
Local info for B15
Property Value Data/Graphs for B15
| Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
|---|---|---|---|---|
| Flat | 82.2% | £233,407 | 1.8 | 1.2 |
| Detached house | 5.7% | £1,132,772 | 4.6 | 2.2 |
| Other | 3.2% | £204,485 | 1.4 | 0.5 |
| Terraced house | 2.9% | £311,556 | 3 | 1.2 |
| Semi-detached house | 1.6% | £614,000 | 3.8 | 1 |
| Link-detached house | 1% | £591,667 | 3.3 | 1 |
| End terrace house | 1% | £576,000 | 3.7 | 0.3 |
| Detached bungalow | 0.6% | £637,500 | 3 | 1.5 |
| Semi-detached bungalow | 0.6% | £165,000 | 1.5 | 1 |
| Terraced bungalow | 0.3% | £165,000 | 1 | 1 |
| Land | 0.3% | £18,000,000 | 0 | 0 |
| Parking/garage | 0.3% | £10,000 | 0 | 0 |
| Town house | 0.3% | £595,000 | 2 | 2 |
Area Information
£469,149
1391
£357,980
£111,169 31.1%
Current Asking Prices in B15 Average: £357,980
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | £156,650 (6) | £326,658 (6) | £468,130 (15) | £783,434 (16) | £1,120,714 (7) |
| Flats | £165,295 (82) | £248,836 (155) | £385,484 (21) | - | - |
| All | £164,706 (88) | £251,736 (161) | £419,920 (36) | £783,434 (16) | £1,120,714 (7) |
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