Guide price
£80,000
1 bed flat for sale37 The Purple Apartments, Broadway Plaza, Birmingham B16
1 bed
1 bath
1 reception
Auction
Leasehold
About this property
View more:
For sale by Under The Hammer online auction on Thursday 16th April 2026. Head over to our website to download the legal pack, register to bid and see more information.
A fourth floor 1 bedroom investment apartment with a long lease producing £11,400 per annum, offering an excellent opportunity for investors producing a 14.25% Gross Yield.
The accommodation briefly comprises an entrance hallway, spacious lounge/diner, separate fitted kitchen with integrated appliances, modern bathroom suite, and a good sized double bedroom with built-in sliding wardrobes.
The property also benefits from access to a generous roof terrace area.
Lease Information:
Lease Length: Approximately 102 years remaining (please refer to the legal pack to confirm)
Service Charge: £1,808.38 per annum (please refer to the legal pack to confirm)
Ground Rent: £200 per annum (please refer to the legal pack to confirm)
Broadway Plaza is a well established development offering a range of on-site amenities including restaurants, cinema and bowling facilities. The property is also within walking distance of Brindleyplace, Broad Street and The Mailbox, placing a wide selection of bars, restaurants, shops and local amenities within easy reach.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time
Sunday 12th April 2026: 3pm
Here's what to do next
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
A fourth floor 1 bedroom investment apartment with a long lease producing £11,400 per annum, offering an excellent opportunity for investors producing a 14.25% Gross Yield.
The accommodation briefly comprises an entrance hallway, spacious lounge/diner, separate fitted kitchen with integrated appliances, modern bathroom suite, and a good sized double bedroom with built-in sliding wardrobes.
The property also benefits from access to a generous roof terrace area.
Lease Information:
Lease Length: Approximately 102 years remaining (please refer to the legal pack to confirm)
Service Charge: £1,808.38 per annum (please refer to the legal pack to confirm)
Ground Rent: £200 per annum (please refer to the legal pack to confirm)
Broadway Plaza is a well established development offering a range of on-site amenities including restaurants, cinema and bowling facilities. The property is also within walking distance of Brindleyplace, Broad Street and The Mailbox, placing a wide selection of bars, restaurants, shops and local amenities within easy reach.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time
Sunday 12th April 2026: 3pm
Here's what to do next
- Visit - Our website and view the auction terms.
- View - Book a viewing directly through our website.
- Register - Get registered prior to the auction opening date.
- Legal Pack - Download and view the legal pack to find out all the relevant information.
- Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
- Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
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Monthly repayment
£400 per month
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More information
Tenure
Leasehold (101 years)
Service charge
£1,808 per month
Council tax band
D
Ground rent
£200
Ground rent date of next review
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