Offers over
£150,000
2 bed flat for sale146 Cheapside, Deritend, Birmingham B12
2 beds
2 baths
1 reception
EPC Rating: C
About this property
Prime Location: Situated in the heart of Digbeth, just a short walk from the Bullring Shopping Centre.
Creative Quarter Living: Nestled in Birmingham’s vibrant “Creative Quarter” with cafés, bars, cultural venues, and street art.
Two Double Bedrooms: Spacious, light-filled rooms offering comfort and flexibility.
Modern Bathroom: Fully fitted with contemporary fixtures for stylish living.
Open-Plan Lounge & Kitchen: Perfect for entertaining or relaxing in a modern setting.
Secure Allocated Parking: A highly sought-after feature in central Digbeth.
Excellent Leasehold: 170 years remaining, with reasonable service charges and ground rent.
Strong Investment Potential: Similar apartments achieve rental yields around 9–10% with instant income opportunities.
Location & Lifestyle Appeal
Occupying a strategic central Birmingham position, this property grants effortless access to transport hubs, shopping, dining, and education. Just a brief walk from the Bullring Shopping Centre, its unbeatable location combines urban convenience with Digbeth’s artistic flair.
Digbeth is widely recognised as Birmingham’s “Creative Quarter”, undergoing dynamic regeneration and cultivating a unique mix of industrial heritage, street art, independent cafés, and cultural venues—all adding intangible appeal to this vibrant neighbourhood.
Interior Highlights & Practical Features
A thoughtfully designed open-plan lounge and kitchen, perfect for modern living and entertaining.
Two generously sized double bedrooms, offering both comfort and flexibility.
A clean and contemporary fully fitted bathroom with modern fixtures.
Additional benefits including lift access, full double glazing, electric heating, and built-in kitchen appliances for practical, low-maintenance living.
Parking & Lease Details
Comes with a secure, allocated parking space, a highly sought-after feature in central Digbeth.
Attractive investment structure: Leasehold with 170 years remaining, a service charge around £2400 annually, and ground rent of approximately £200 per year.
Ideal Buyer & Investment Potential
Whether you're a first-time buyer, a city professional, or a savvy investor, this property ticks all the boxes. Often achieving rental yields around 9–10% and currently let at approximately £1,200/month in similar developments, it presents a compelling instant-income opportunity.
More information
Tenure
Leasehold (170 years)
Service charge
£2,400 per year
Council tax band
C
Ground rent
£200
Ground rent date of next review