Initial price	£95,000
08/05/25	£87,500
Price Change	-7.89%

This one-bedroom apartment in the heart of Birmingham is being sold at auction with a guide price of £75,000 to £125,000. The apartment, located on the top floor of Beaufort House, is just a two-minute walk from Colmore Row, the city's business district, and has a high rental demand making it an attractive addition to any portfolio. The apartment generates an annual income of £12,000 and comes with a service charge of £125 per month and a ground rent of £30 per month. The property is being sold with an unconditional auction, which means that the buyer will pay a 5% deposit and a 5%+VAT buyers premium, and contracts will be exchanged immediately. The auction is taking place on May 29th, and registration is now open. Potential buyers can review the legal pack and auction information on the auctioneer's website.