2 Bed Flat, Single Let, B3 1DR £220,000

Newhall Court, George Street, B3 1DR - 2 views - a year ago
Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
Property image

ValuationOvervalued

Sold Prices£90K - £525K
Sold Prices/m²£1.7K/m² - £9.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£213,506

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Total Cash In

£69,100

 

 

Cash Out

 

Rent Range

£700 - £1,700

Rent Estimate

£1,000

Running Costs/mo

£908

Cashflow/mo

£93

Cashflow/yr

£1,110

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £90K to £525K, average is £230K. £1.7K/m² to £9.4K/m², average is £3.1K/m².

Price
Date
Distance
Address
Beds
 
£200K10/240.02 mi50, Apartment 32, George Street, Ladywood, Birmingham B3 1PP2
£242.5K10/240.04 mi21, Flat 25, Newhall Hill, Birmingham B1 3JA2
£185K07/240.04 mi43, Flat 48, George Street, Ladywood, Birmingham B3 1QA2
£232.5K07/240.04 mi42, Flat 27, George Street, Ladywood, Birmingham B3 1QA2
£280K10/240.09 mi28, Apartment 8, Charlotte Street, Birmingham B3 1PT2
£189.9K12/240.09 mi32, Apartment 44, George Street, Ladywood, Birmingham B3 1QG2
£295K04/250.13 miApartment 24, 23, Legge Lane, Birmingham B1 3LX2
£267.5K10/240.14 mi1, Apartment 1, James Street, Birmingham B3 1SD2
£332.5K01/250.14 miApartment 6, 22, Legge Lane, Birmingham B1 3LW2
£210K12/240.15 miApartment 208, 6, Fleet Street, Birmingham B3 1JH2
£490K01/250.15 miSt Pauls Place, Penthouse 1, St Pauls Square, Birmingham B3 1FQ2
£490K01/250.15 miPenthouse 1, St Pauls Place, St Pauls Square, Birmingham B3 1FQ2
£230K06/240.17 mi12, Apartment 511, Fleet Street, Birmingham B3 1JL2
£200K04/250.17 miApartment 512, 12, Fleet Street, Birmingham B3 1JL2
£200K04/250.17 miApartment 512, 12, Fleet Street, Birmingham B3 1JL2
£185.9K10/240.19 mi12 14 Qube Apartments, 60, Scotland Street, Birmingham B1 2EJ2
£308K03/250.19 miFlat 18, 81, Camden Street, Ladywood, Birmingham B1 3DD2
£308K03/250.19 miFlat 18, 81, Camden Street, Ladywood, Birmingham B1 3DD2
£360K04/250.19 miFlat 9, 57, St Pauls Square, Birmingham B3 1QS2
£360K04/250.19 miFlat 9, 57, St Pauls Square, Birmingham B3 1QS2
£325K06/250.19 mi103, Albion Street, Birmingham B1 3AA2
£325K06/250.19 mi103, Albion Street, Birmingham B1 3AA2
£215K11/240.2 mi107 Orb, Apartment 36, Carver Street, Birmingham B1 3AP2
£290K10/220.21 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£90K06/210.22 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£247K04/240.22 mi15 Heritage Court, Flat 6, Warstone Lane, Birmingham B18 6HP2
£300K01/240.22 mi15 Heritage Court, 111, Warstone Lane, Birmingham B18 6HU2
£220K08/240.22 mi15 Heritage Court, Flat 84, Warstone Lane, Birmingham B18 6HU2
£220K08/240.22 miFlat 84, 15 Heritage Court, Warstone Lane, Birmingham B18 6HU2
£100K07/210.25 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£210K04/250.26 miFlat 25, 25 Kings Court, Cox Street, Birmingham B3 1RD2
£210K04/250.26 miFlat 25, 25 Kings Court, Cox Street, Birmingham B3 1RD2
£355K03/250.28 miPenthouse 6, 17 Ludgate Loft Apartments, Ludgate Hill, Birmingham B3 1DW2
£355K03/250.28 miPenthouse 6, 17 Ludgate Loft Apartments, Ludgate Hill, Birmingham B3 1DW2
£182K12/220.29 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£223K12/240.29 miMetalworks Apartments, Apartment 67, Warstone Lane, Birmingham B18 6PG2
£223K12/240.29 miApartment 67, Metalworks Apartments, Warstone Lane, Birmingham B18 6PG2
£221.6K03/250.29 miApartment 241, Derwent Foundry, Mary Ann Street, Birmingham B3 1BG2
£183K07/240.29 mi21 Maxim 28, Apartment 18, Lionel Street, Birmingham B3 1AT2
£202.5K01/230.32 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£230K11/240.33 mi3, 54a Old Silver Works, Spencer Street, Birmingham B18 6JT2
£230K11/240.33 mi54a Old Silver Works, 3, Spencer Street, Birmingham B18 6JT2
£193K10/240.33 miJq Rise, 207, Goodman Street, Birmingham B1 2SU2
£182.5K12/240.34 mi12, Carpathian Court, Chamberlain Court, Ladywood, Birmingham B18 6JP2
£212.5K11/240.34 mi126 Kettleworks, Apartment 303, Pope Street, Birmingham B1 3DU2
£525K06/220.34 mi6, Apartment 3, Henrietta Street, Birmingham B19 3AB2
£463K10/220.34 mi6, Apartment 2, Henrietta Street, Birmingham B19 3AB2
£510K09/220.34 mi6, Apartment 1, Henrietta Street, Birmingham B19 3AB2
£510K09/220.34 miApartment 1, 6, Henrietta Street, Birmingham B19 3AB2
£460K09/220.34 mi6, Apartment 4, Henrietta Street, Birmingham B19 3AB2

Local Rents

50 rents from £700/mo to £1.7K/mo, average is £1.1K/mo.

Rent
Date
Distance
Address
Beds
 
£1,30009/250 miNewhall Court, George Street, B3 1DR2
£1,00012/240.01 miQ Apartments2
£1,20012/240.01 miNewhall Court, George Street, Birmingham, B32
£1,00012/240.01 miQ Apartments2
£1,10006/250.01 miNewhall Court, George Street, Birmingham, B32
£1,15011/250.01 miQ2
£77507/250.01 miQ2
£87508/250.01 miGeorge Street, Birmingham2
£1,10006/250.01 miNewhall Court, George Street, Birmingham2
£1,40009/250.01 miGeorge Street, Birmingham, B32
£1,40009/250.01 mi-2
£1,40006/250.02 miGeorge Street, Birmingham, Birmingham, B32
£1,17509/250.02 miGeorge Street, Birmingham, B32
£1,15007/250.02 miGeorge Street, Birmingham, B32
£1,00009/250.02 miOctahedron, 50 George Street, Jewellery Quarter, Birmingham, B3 1PP2
£85008/250.02 mi50 George Street, Octahedron, Birmingham, B3 1PP2
£70008/250.02 mi50 George Street, Birmingham2
£1,15005/250.03 mi42 George Street, Birmingham, B32
£1,70012/240.03 miGeorge Street, Birmingham, B32
£1,15009/250.03 miPoint 3, 43 George Street, Birmingham, B3 1QA2
£1,17510/250.03 miPoint 32
£77508/250.03 mi43 George Street, Birmingham2
£95008/250.03 mi42 George Street, Birmingham, B3 1QA2
£1,05007/250.03 mi-2
£1,25011/250.03 mi42 George Street, Birmingham, West Midlands, B3 1QA2
£1,30009/250.03 mi42 George Street, Birmingham, West Midlands, B3 1QA2
£1,10003/240.03 mi-2
£1,15009/250.03 miFlat 62
£1,20012/240.03 miGeorge Street Chambers, 36-37 George Street, BIRMINGHAM, West Midlands, B32
£1,15005/250.03 miPoint 3, 42 George Street, Birmingham, B32
£1,35010/250.04 miNewhall Place, Newhall Hill, Jewellery Quarter, B12
£1,30009/250.04 miNewhall Place, Newhall Hill, Birmingham, B12
£1,15012/240.04 miQ apartments, Newhall Hill, Birmingham2
£1,10007/250.04 miQ apartments, Newhall Hill, Jewellery Quarter, Birmingham2
£1,20006/250.04 miQ Apartments, Newhall Hill, Jewellery Quarter2
£1,10008/250.04 miQ Apartments, Newhall Hill, Jewellery Quarter2
£1,20009/250.04 miQ Apartments, Newhall Hill, Jewellery Quarter2
£1,10008/250.04 miQ apartments, Newhall Hill, Jewellery Quarter, Birmingham2
£90012/230.04 miNewhall Hill, Birmingham, B12
£1,05012/240.04 miQ Apartments, Newhall Hill, Jewellery Quarter2
£89507/250.04 miNewhall Hill, Birmingham, B1 3JH2
£1,15012/240.04 miApartment 24, 15 Newhall Hill, Birmingham, West Midlands2
£1,15012/240.04 mi15 Newhall Hill, Birmingham, West Midlands2
£85007/250.04 miNewhall Hill, Jewellery Quarter, B12
£87507/250.04 miNewhall Hill Apartments, Newhall Hill, Birmingham2
£1,15012/240.04 miNewhall Hill, Jewellery Quarter, Birmingham2
£1,10006/250.04 miNewhall Hill, Jewellery Quarter, Birmingham2
£1,10007/250.04 miNewhall Hill, Jewellery Quarter, Birmingham City Centre2
£1,15009/250.04 miNewhall Hill, Jewellery Quarter, Birmingham2
£87508/250.04 miNewhall Hill Apartments, Newhall Hill, Birmingham2

Local Area Statistics

Population in B3

2,225

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £220,000

June 12, 2025

Listed for £230,000

July 19, 2024

Floor Plans

Property image

Description

  • Two double bedrooms +
  • Two bathrooms; one ensuite shower room and one main bathroom +
  • Secure and allocated parking +
  • Fantastic city views +
  • Recently refreshed and refurbished +
  • Long lease (approx. 976 years remaining) and low ground rent (£50pa) +
  • Potential gross yield of 7.1% (speak to the team for more info) +
  • Jewellery Quarter location +
  • 0.2 miles from St. Pauls Square +
  • 0.5 miles from Colmore Row +

Spacious and extremely well presented, FleetMilne are proud to offer a stunning, 828sqft two bedroom, two bathroom property with secure and allocated parking space (accessed via remote-controlled electric gates). Newhall Court is located just 0.2 miles from St Paul's Square in the famous Jewellery Quarter, renowned for its cool bars and general independent feel. It is a popular location as it benefits from a thriving and young, professional social scene whist also being just an 8 minute walk from Colmore Row, or 10 minutes to New Street Station.

The current owner has refurbished the property since taking ownership, including updates and improvements to the bathrooms, bedrooms and the flooring throughout., As you enter the property, you open into a large entrance hallway with storage cupboards to the left, and main bathroom ahead with luxury tiling and shower over bath. From the hallway, you can access both bedrooms. The main bedroom benefits from having large fitted wardrobes and views of the city as well as having access to the ensuite bathroom, with walk-in shower and tiling to match the main bathroom. The second bedroom is also a generous double, again having views of the city and plenty of room for a desk if you work from home. In the lounge/diner, you have a designated dining area, and living room space, with plenty of room for sofas and all of your other furniture. This room has fantastic views of the City through the the floor to ceiling windows which open as a juliet balcony. The separate kitchen is located off this room, and is fully integrated with a washer/dryer, fridge, freezer, dishwasher, oven, hob and extractor a well as having a window to the rear of the property.

The property represents a great investment opportunity with a potential gross rental yield of around 7.1% at a predicted rent of around £1400pcm.

This property offers great transport links, just a 0.7 mile walk to New Street station or 0.5 miles to Snow Hill Station.

Living/Dining Room - Light and spacious living area with plenty of room for your furniture and a juliet balcony

Kitchen - Fully equipped integrated kitchen, separated from the lounge. This fully integrated with a washer/dryer, fridge, freezer, dishwasher, oven, hob and extractor a well as having a window to the rear of the property.

Main Bedroom - Well presented bedroom with a double bed and fitted wardrobes, with views of the city and ensuite bathroom.

Main Bathroom - Smartly presented bathroom with a shower over the bath, luxury tiling and matching white suite with large mirror.

Second Bedroom - Well presented bedroom with a double bed and free-standing storage furniture.

Ensuite Bathroom - Ensuite with large walk-in shower, luxury tiling and matching white suite with large mirror.

Entrance Hallway - Spacious entrance hallway with storage cupboards and access to the lounge, bedrooms and main bathroom.

- Upon formal acceptance of an offer, all purchasers will be asked to produce identification and full details of their chosen solicitor. In order to avoid delays, this must be produced swiftly. Unreasonable delays may result in the acceptance being withdrawn.
- These property details do not constitute part or all of an offer or contract.
- Purchasers are advised to check the measurements before committing to any expense as many of the measurements are taken directly from the developer’s original floorplans. Changes or adjustments may have been made since, or the original measurements may have not been accurate.
- Apparatus, equipment, figures, fittings, goods or services have not been formally checked by FleetMilne. It is in the purchaser’s interest to check the working condition. Access can be arranged in order to do so – please just request an additional visit via our team.
- The legal title of the property has not been checked by FleetMilne, purchasers are advised to instruct their solicitor to do this.

Agent Details

FleetMilne, Birmingham

0121 387 6630

Next Steps?

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