{"id":846408,"date":"2026-03-24T04:54:14","date_gmt":"2026-03-24T04:54:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/846408\/"},"modified":"2026-03-24T04:54:14","modified_gmt":"2026-03-24T04:54:14","slug":"birmingham-high-rise-homes-with-10000-rental-income-head-to-auction","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/846408\/","title":{"rendered":"Birmingham high-rise homes with \u00a310,000 rental income head to auction"},"content":{"rendered":"<p>The latest two <a href=\"https:\/\/www.expressandstar.com\/news\/property\/\" target=\"_blank\" rel=\"noopener\">properties<\/a>, both offering panoramic views across the city, are located on the 22nd and 24th floors of the 39-storey building at 10 Holloway Circus, which also houses the Radisson Hotel <a href=\"https:\/\/www.expressandstar.com\/news\/local-hubs\/birmingham\/\" target=\"_blank\" rel=\"noopener\">Birmingham<\/a> on its first 20 floors.<\/p>\n<p>Apartment 2201 is a one-bedroom unit with a guide price of \u00a390,000+, while Apartment 2405 is a two-bedroom apartment with a guide price of \u00a3115,000+. Both will be included in the livestreamed auction on Thursday, March 26.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/03\/c60924ff-f14f-4c6d-bf61-8a5d68ce8d06.jpg\"   alt=\"Two modern high-rise apartments in Birmingham city centre\u2019s eye-catching Beetham Tower - known locally as 'the shower cubicle' - are set to appear in Bond Wolfe\u2019s next auction\" loading=\"lazy\" class=\"w-full max-w-none\"\/>Two modern high-rise apartments in Birmingham city centre\u2019s eye-catching Beetham Tower &#8211; known locally as &#8216;the shower cubicle&#8217; &#8211; are set to appear in Bond Wolfe\u2019s next auction<\/p>\n<p>James Rossiter, associate director at <a href=\"https:\/\/www.bondwolfe.com\/\" target=\"_blank\" rel=\"noopener\">Bond Wolfe<\/a>, said two similar apartments in Beetham Tower sold at auction last year for around 10 per cent above their guide prices.<\/p>\n<p>Beetham Tower overlooks Holloway Circus on the Inner Ring Road, an area often referred to as \u201cPagoda Island\u201d due to the 40-foot Chinese pagoda located there.<\/p>\n<p>The pagoda was gifted to the city by the Wing Yip brothers, founders of a well-known Chinese supermarket chain, and has become a landmark for nearby Chinatown.<\/p>\n<p>Mr Rossiter said: \u201cWhat we have here are two residential property investments in a purpose-built block with a communal entrance, both generating healthy rental incomes.<\/p>\n<p>\u201cApartment 2201 comprises a hall, an open-plan reception, kitchen and dining area, a bedroom and a bathroom.<\/p>\n<p>\u201cThe property is currently let at \u00a3875 per month, generating \u00a310,500 per annum, and the sale is subject to this existing tenancy.<\/p>\n<p>\u201cApartment 2405 includes a hall, an open-plan reception, kitchen and dining area, two bedrooms and a bathroom.<\/p>\n<p>\u201cThis property is currently let at \u00a31,100 per month, generating \u00a313,200 per annum, and will also be sold subject to the existing tenancy.\u201d<\/p>\n<p>Both leasehold properties benefit from electric heating, a concierge service, and long leases of 999 years from January 2003. Offers in excess of the guide price may be considered prior to the auction.<\/p>\n<p>The development is just a short walk from Birmingham New Street station and close to the city centre\u2019s shops and amenities.<\/p>\n<p>The apartments are among 178 lots due to go under the hammer in Bond Wolfe\u2019s next auction, which starts at 8.30am on Thursday, March 26 and will be livestreamed, with bidding available by proxy, telephone or online.<\/p>\n","protected":false},"excerpt":{"rendered":"The latest two properties, both offering panoramic views across the city, are located on the 22nd and 24th&hellip;\n","protected":false},"author":2,"featured_media":846409,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7820],"tags":[855,748,393,4884,379,12,2516,16,15],"class_list":{"0":"post-846408","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-birmingham","8":"tag-birmingham","9":"tag-britain","10":"tag-england","11":"tag-great-britain","12":"tag-local-hubs","13":"tag-news","14":"tag-property","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116282370982892520","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/846408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=846408"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/846408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/846409"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=846408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=846408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=846408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}