Full details for 79 Bedroom Property For Sale in Birmingham

*198-200 Hagley Road, Edgbaston, Birmingham, B16 9PQ (Edgbaston Palace)

*202 Hagley Road, Edgbaston, Birmingham, B16 9PQ (Cavalier House)

*1.919 Acre Site

*Prime Edgbaston Location

* Income Producing Asset Generating £600,000 p.a Net Rental Income

* Leased To One Of Birmingham’s Leading Accommodation Providers

79 x En-Suite Facilities

* Hands Off Investment Opportunity – Tenant Occupier Is Responsible For General Maintenance, Repairs & Management. No Void Periods & No Maintenance Deductions.

* Rent Paid Monthly By Standing Order £50,000 PCM Net Rent

DESCRIPTION

The OPA is proud to offer a rare opportunity to acquire two prestigious income-producing properties in one of Birmingham’s most desirable areas. Situated on a substantial 1.919-acre site, 198-200 Hagley Road (Edgbaston Palace) and 202 Hagley Road (Cavalier House) are ideally positioned along the bustling Hagley Road, offering excellent transport links to Birmingham city centre and beyond.

Key Investment Features:

• Prime Edgbaston Location: Sought-after area with high demand for accommodation.

• Secure Long-Term Lease: Both properties are leased to one of Birmingham’s leading accommodation providers on a long-term 10-year lease.

• Net Rental Income: Generates a substantial £600,000 per annum.

• 79 En-Suite Facilities: Quality accommodation, fully let and consistently occupied.

• Hands-Off Investment: A true ‘hands-off’ opportunity, as the tenant is responsible for all general maintenance, repairs, and property management—ensuring no void periods or maintenance deductions.

• Reliable Income Stream: Rent is paid monthly via standing order, providing £50,000 PCM in net rental income.

• Development Potential: The site benefits from a substantial plot of land to the rear, offering potential for future development (subject to planning permission).

This unique investment offers both stable, long-term rental income and significant growth potential due to its excellent location and development opportunities. With the security of a 10-year lease, it’s an ideal acquisition for investors looking for a high-return, low-maintenance asset.

CAVALIER HOUSE HOTEL, 202 HAGLEY ROAD

9020.16 SqFt/ 838 SqM (Approx)

EPC – C

EDGBASTON PALACE HOTE

16350.38 SdFt / 1519 SqM

EPC – C

LOCATION

set in one of Birmingham's most sought-after locations, offering the perfect combination of accessibility and exclusivity. Edgbaston is renowned for its leafy surroundings, grand Victorian architecture, and high-quality amenities, making it one of Birmingham’s most desirable residential and commercial districts.

Unbeatable Proximity to Key Birmingham Landmarks:

• Five Ways (0.9 miles): Just minutes from Five Ways, a major transport and business hub, connecting the property seamlessly to the city centre and beyond.

• Broad Street (1.1 miles): Birmingham's entertainment epicentre, home to an array of restaurants, bars, and nightlife venues. Perfectly situated for guests looking for convenient access to the city's vibrant social scene.

• Birmingham Bull Ring (2.2 miles): One of the UK's largest shopping centres, home to world-class retail outlets, restaurants, and cultural attractions. The hotel benefits from being just a short drive or bus ride from this retail destination.

• Birmingham New Street Station (2.3 miles): Excellent transport links are a key feature, with Birmingham's busiest train station just over two miles away, providing nationwide connectivity.

Edgbaston – A Premier Location:

Edgbaston is synonymous with exclusivity and affluence, housing many of Birmingham's elite residents and reputable institutions such as the University of Birmingham and the renowned Edgbaston Cricket Ground, home of Warwickshire County Cricket Club. The area is a hotspot for business travellers, tourists, and professionals, ensuring consistent demand for accommodation.

Exceptional Investment in a Thriving Area

The location’s appeal is further heightened by ongoing infrastructure developments, including the extension of the Midland Metro, which will enhance connectivity between Edgbaston and the city centre. Edgbaston offers both the tranquillity of a suburban retreat and the convenience of a bustling urban centre, making it a prime location for hotel accommodations.

TENURE

The properties are freehold and is being sold with the benefit of a new 10-year lease, generating a substantial £600,000 per annum in net rental income. Leased to one of Birmingham’s leading accommodation providers, who house over 1,000 families across the city, this investment offers long-term security with no break clause in the lease.

Enjoy guaranteed £50,000 per month in net rent, paid directly into your bank account, providing a stable and hassle-free income stream.

WHY INVEST IN BIRMINGHAM

Birmingham, the UK’s second-largest city, is an economic powerhouse and a prime destination for property investors. Known for its strong business environment, world-class infrastructure, and vibrant cultural scene, Birmingham offers compelling opportunities for both domestic and international investors. Here are key reasons why Birmingham is a top choice for property investment:

1. Booming Economy

• Second Largest UK Economy: Birmingham has the largest economy outside London, with a GVA of £31.9 billion. The city's thriving financial, professional services, manufacturing, and tech sectors make it a magnet for businesses and investors.

• Business Hub: Home to over 75,000 companies, including major corporations such as HSBC, PwC, and Deutsche Bank, Birmingham is a critical hub for professional services, particularly in banking and finance.

2. Rising Population and Demand for Accommodation

• Young Demographic: Birmingham boasts one of the youngest populations in Europe, with 40% of the population under the age of 25, driving demand for housing, rental properties, and accommodation.

• Growing Population: The city’s population is projected to exceed 1.2 million by 2031, reflecting a steady influx of professionals, students, and young families, further increasing the demand for residential and commercial properties.

3. Infrastructure and Connectivity

• HS2 High-Speed Rail: The upcoming HS2 rail project will reduce travel time between Birmingham and London to just 49 minutes, positioning Birmingham as a key player in national and international transport networks and boosting the city’s appeal for commuters and businesses alike.

• Birmingham International Airport: One of the UK’s busiest airports, connecting the city to over 150 destinations worldwide, attracting both business travellers and tourists.

4. Major Regeneration Projects

• £500 million Birmingham Smithfield development: This large-scale regeneration project will transform the city centre with a new public square, retail outlets, and leisure spaces, adding significant value to surrounding properties.

• Paradise Birmingham: A £700 million development, Paradise is reshaping the city's central business district with new office, retail, and leisure spaces, enhancing Birmingham’s reputation as a top business destination.

5. Cultural and Educational Excellence

• Leading Universities: Birmingham is home to five major universities, including the prestigious University of Birmingham, catering to over 80,000 students. This ensures a steady demand for rental properties and student accommodation.

• Cultural Hub: Birmingham boasts a rich cultural scene, with attractions such as the Birmingham Museum and Art Gallery, the world-renowned Birmingham Symphony Hall, and annual events like the Birmingham International Film Festival. The city's cultural diversity makes it a magnet for tourists and visitors.

6. Affordable Property Prices and Strong Rental Yields

• Affordability: Compared to London, property prices in Birmingham are significantly lower, making it an attractive proposition for investors seeking value. The average property price in Birmingham is around £250,000, compared to London’s average of over £500,000.

• High Rental Yields: With rental demand soaring, Birmingham offers some of the highest rental yields in the UK, with yields typically ranging between 5% to 7%, particularly in central and well-connected areas like Edgbaston.

7. International Recognition

• Global Investment Hotspot: Birmingham was recently named one of the Top 10 cities globally for foreign direct investment (FDI) by the Financial Times’ fDi Intelligence report. Its central location, skilled workforce, and robust infrastructure make it a key destination for international capital.

8. Upcoming 2026 European Athletics Championships

• Following the success of hosting the 2022 Commonwealth Games, Birmingham has been selected to host the 2026 European Athletics Championships. This international event will once again place Birmingham on the global stage, boosting tourism and local economic activity.

Investing in Birmingham offers a unique opportunity to benefit from the city's economic growth, increasing property demand, and major infrastructure projects. With strong rental yields, competitive property prices, and a rapidly growing population, Birmingham is poised for long-term investment success.

VIEWINGS

Please contact OPA for viewings.

MATERIAL INFORMATION

The OPA have taken reasonable precautions and exercised all reasonable due diligence by asking the Seller of the Property to provide us in writing a declaration of material information regarding a property to comply with the Consumer Protection from Unfair Trading Regulations 2008. However, certain information may be unavailable and/unknown. Any buyer must carry out their own due diligence and rely on their own searches investigations and enquiries in respect of all matters relating to their proposed purchase of this property, to enable them to make an informed transactional decision before proceeding to entering in to the exclusivity agreement on this property

EPC

EPC –C

Material / Construction

Standard construction

Property Type

Hotel

UTILITIES

Mains elec, gas, water, Sewage

HEATING

Gas central heating

BROADBAND

Ask agent

PARKING

Car park

ANY RESTRICTIVE COVENANTS, ANY EASEMENTS, SERVITUDES, WAYLEAVES, ANY PUBLIC RIGHTS OF WAY ACROSS PROPERTY OR BOUNDARIES

Refer to property pack

ANY FLOODING IN LAST 5 YEARS

Not known.

IS THE PROPERTY LISTED?

NO

CONFIRM EXISTENCE & NATURE OF ANY KNOWN PLANNING OR PROPOSALS FOR DEVELOPMENT

C1 Hotel use

PROERTY ACCESSIBILITY – ANY STEP FREE ACCESS INC RAMPS/ LIFTS?

NO

ANY WET ROOM/ LEVEL ACCESS SHOWER

NO

IS THE PROPERTY KNOWN TO BE ON A COALFIELD/ MINING OR DIRECTLY IMPACTED BY EFFECT OF OTHER MINING ACTIVITY

NO

ANY OTHER MATERIAL INFORMATION – INFORMATION THAT MAY AFFECT THE AVERAGE CONSUMER’S DECISION MAKING

Refer to pack.

AGENT NOTES

Draft details, awaiting vendor approval.

BUYERS FEE

Buyer's Fee of 2% of The Purchase Price,(All fees inclusive of VAT). T&Cs apply.

Please request information pack, Buyer’s Guide & FAQs.

You will be required to enter into an “Exclusivity Agreement” with the Seller, granting you the Buyer the Exclusive right to purchase the property within the exclusivity period.

Please note the Buyer’s Fee is a non-refundable unconditional Exclusivity Fee in addition to the purchase price payable to the Agent upon offer acceptance.

The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

Upon offer acceptance you will not be required to exchange contracts, but will be granted an “exclusivity period” in order to exchange and complete on the transaction. This timescale will generally be 8 weeks, but will be specified in the Exclusivity agreement.

This is a flexible and buyer friendly method of purchase. By signing the Exclusivity Agreement and paying the Buyer’s Fee, this secures the transaction and takes the property off the market.

By paying your fee, that amount may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty land tax liability.

The OPA’s “Secure It Now Exclusivity Package” – this is a legally binding agreement between you are the seller. When the offer is accepted, the buyer pays the Exclusivity Fee to the Agent and enters into an “Exclusivity agreement with the Seller”, granting the buyer an exclusivity period, which is usually upto 8 weeks to complete on the purchase of the property. During the exclusivity period, the buyer has the exclusive right to purchase the property, no other offers can be accepted and during this period buyer must complete the sale transaction. If the buyer fails to complete in this period, the fee is non-refundable.

This property is being offered under The OPA’s “Secure It Now Exclusivity Package”

This is an innovative secure and straightforward way to purchase this property.

Here are the benefits for you:

• Secure your dream property straight away

• Similar to a “normal” or “conventional” sale with a few measures to protect the buyer and the seller

• No competitive bidding

• No risk of being gazumped

• Minimises risk of fall throughs

Secure It Now Exclusivity Package - How does it work?

You can now secure the purchase with a buyer’s “Secure It Now Exclusivity Agreement. By entering into the exclusivity agreement and paying the Exclusivity Fee, this buys :

• A legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe (usually 56 days / 8 weeks , however please confirm seller’s required timescale)

• Paying the Exclusivity Fee ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you.

• This prevents the risk of gazumping

• helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe in the knowledge that you will not be gazumped or outbid by another buyer.

Step 1 - Register your interest

Step 2 - Sort out your finances / Carry out your due diligence/ Ask questions/ Get legal/ financial advice if required.

Step 3 - Arrange a viewing / Virtual Tour (If you require a viewing. If you do not require a viewing and offer without a viewing, you are doing so at your own risk)

Step 4 - Make an offer

Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity package

Step 6 - Exchange and completion

Next Steps – Do Not Miss Out -

IMPORTANT NOTES

Buyers should carry out their own due diligence/ investigations and if required seek independent legal/ financial advice.

The Exclusivity fee is a non-refundable fee and unless otherwise stated and agreed in the special conditions of the Exclusivity Agreement, this is unconditional, not subject to survey or valuation , lending or anything else. The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale.

Please be advised that this property may have been owned by the current seller for under six months, or the seller may have the exclusive right to sell the property. If you require any further clarification, please speak to a representative of The OPA.

Any reference to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

In accordance with Section 21 of the Estate Agents Act 1979 an interest is declared in that the vendor of the property is a director of The Online Property Agency Ltd

Misrepresentation Act 1967: The OPA for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.