Navigation Way, Birmingham, B18 5RW

NEW INSTRUCTION: B18 5RW – 10.8–11.4% Yield – No Chain – Prime Hospital Corridor Description: EXCEPTIONAL INVESTMENT & CITY LIVING OPPORTUNITY – NO UPWARD CHAIN We are delighted to present this well-proportioned, two-bedroom apartment situated in a sought-after area of Hockley (B18 5RW). Perfectly positioned for working professionals and medical staff, this property is offered with Vacant Possession and No Upward Chain, ensuring a swift and certain transaction for the incoming buyer. THE PROPERTY: The apartment is well-presented throughout and features a spacious, separate lounge and a fully fitted, separate kitchen, providing a traditional layout that offers significantly more living space and privacy than typical open-plan city-centre flats. Both bedrooms are of a generous size, and the property further benefits from a secure resident-only car park. STRATEGIC LOCATION:

The property is ideally situated on the fringe of the Birmingham Jewellery Quarter (0.6 miles) and sits within a prime healthcare corridor, offering unbeatable proximity to Birmingham’s major hospitals. Birmingham City Hospital: Just a 4-minute walk (0.2 miles)

Midland Metropolitan University Hospital: A 4-minute drive (0.8 miles)

Unrivalled Connectivity: Immediate access to the A38 and M6, with Birmingham City Centre and its extensive amenities just minutes away. INVESTOR HIGHLIGHTS: Outstanding Potential Yield: Based on a £115,000 reserve and rental demand of £1,050 – £1,200 PCM, this property offers a potential gross yield of 10.8% – 11.4%. Leasehold Security: Sold with an impressive 225-year remaining lease. Legal Ready: Allowing for a guaranteed 56-day completion via the Modern Method of Auction. Summary: Whether you are an investor seeking a high-performing, recession-proof asset or a first-time buyer looking for a spacious home in a central location, this property is a "must-see." Internal viewing is highly recommended. KEY INVESTMENT HIGHLIGHTS NO UPWARD CHAIN: Sold with vacant possession—ready for immediate occupation or rental.

10.8% – 11.4% POTENTIAL GROSS YIELD: Exceptional return based on £115,000 reserve and high local rental demand (£1,100 PCM).

LEGAL PACK READY": Full Management Pack (LPE1) is already prepared to ensure a guaranteed 56-day completion.

225-YEAR LEASE: Rare, ultra-long leasehold security—perfect for mortgage buyers and long-term appreciation.

DUAL HOSPITAL CORRIDOR: Birmingham City Hospital: 0.2 miles (4-minute walk)

Midland Metropolitan University Hospital: 0.8 miles (4-minute drive)

SPACIOUS TRADITIONAL LAYOUT: Two genuine double bedrooms with a separate large lounge and separate kitchen (no open-plan cooking smells).

PRIME CONNECTIVITY: Allocated resident parking with immediate access to the A38, M6, and just 0.6 miles from the Jewellery Quarter.

AUCTIONEERS COMMENTS

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.