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Our Summary
- Opportunity for future capital uplift in a high-demand postcode
- Residential Apartments: 5 x Two-bedroom apartments All units feature contemporary interiors and have been carefully restored to enhance original features INVESTMENT HIGHLIGHTS Freehold ownership of the entire building Fully let & income-producing from both commercial and residential elements Estimated rental income and yield available on request Recently refurbished interiors across all residential units Strong covenant on the commercial leasehold tenant Opportunity for future capital uplift in a high-demand postcode Prominent corner position with excellent visibility on Ludgate Hill Access points from both Ludgate Hill and Water Street Walking distance to St Paul's Square, Colmore Business District & Birmingham City Centre UNIT-BY-UNIT BREAKDOWN APARTMENT 1 - DUPLEX TWO BEDROOM (APPROX
- FT) Kitchen/Lounge/Diner: 24'8" x 21'4" - huge open-plan zone Bedroom 1: 11'11" x 11'4" Bedroom 2: 13' x 10'8" Features: Three windows across main reception space, fantastic proportions, perfect for entertaining ADDITIONAL BUILDING HIGHLIGHTS All apartments benefit from electric heating, modern bathrooms, and bespoke window treatments High rental demand in this postcode due to proximity to Colmore Row, Brindleyplace, and St Paul's Square Ideal for long-term investors - current ASTs in place with scope for review Secure communal areas, well-maintained, with minimal service demands BUYERS FEE Buyer's Fee of 1
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Description
Here is a summary of the property features:
Tennial Wharf is a Victorian mixed-use property in Birmingham's Jewellery Quarter. It comprises a 4,000 sq ft commercial unit on the ground and basement levels, occupied by the Japanese restaurant Maneki Ramen, and five high-quality two-bedroom residential apartments on the upper floors. All apartment units feature contemporary interiors, original features, and have been carefully restored. The commercial unit benefits from a strong covenant on the leasehold tenant, while the residential apartments offer excellent natural light, split-level designs, and large footprints. The building features a prominent corner position with excellent visibility, access points from both Ludgate Hill and Water Street, and is within walking distance to Birmingham City Centre. The apartments have electric heating, modern bathrooms, and bespoke window treatments, with high rental demand due to their proximity to Colmore Row, Brindleyplace, and St Paul's Square.