Highcroft Hall

A rare opportunity to acquire three well-presented two-bedroom mezzanine apartments within the attractive and characterful Highcroft Hall development in Erdington, Birmingham.

Each apartment offers spacious and versatile accommodation arranged over two levels, with distinctive mezzanine layouts that enhance both light and living space. The properties are ideally suited to investors seeking strong, ready-made rental income, with management options available for a hands-off approach.

The development itself is set within beautifully maintained grounds and benefits from a secure, well-kept environment, popular with professional tenants. Its location provides excellent access to Birmingham city centre, with convenient transport links, nearby amenities, and green spaces all within easy reach. Erdington’s ongoing regeneration and strong rental demand further underpin the long-term investment appeal.

All three apartments benefit from exceptionally long leases, with approximately 985 years remaining, offering peace of mind and long-term security.

The vendor is willing to sell the properties individually or as a ready-made mini portfolio, offering flexibility for a range of buyers.  Market rent for similar apartments in the development is approximately £1,000pcm, indicating potential for rental uplift across the portfolio.

Market rent for similar units is £1,000 pcm

Current Rents:

• Apartment 1: £995 pcm (£11,940 pa)
• Apartment 2: £950 pcm (£11,400 pa)
• Apartment 3: £975 pcm (£11,700 pa)

Costs (per unit)

• Service charge: £2,504.98 – £2,866.18 pa
• Ground rent / estate charge: £767.64 pa

Net Yield (based on £120,000 asking price per unit)

• Apartment 1: 7.47%
• Apartment 2: 7.02%
• Apartment 3: 7.26%

Investment Summary

These properties offer a strong investment proposition combining:

• Characterful, split-level accommodation
• Stable and proven rental income
• Strong yields in a high-demand rental location
• Long-term lease security
• Flexible purchase options (individual or portfolio)

EPC – C

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.

Fully managed lettings and property management service

Comprehensive coverage throughout England and Wales

One team, one fee across your full portfolio

Rental income protection available

Transfer your existing properties quickly and easily