Londonderry House, 2 Newton Street, Birmingham, B4 6NB
A purpose built student accommodation block in Birmingham City Centre
Guide price*
£695,000+
Plus fees
Commercial Vacant
Auction details:
Thursday 9th July 2026 @ 08:30AM
A vacant leasehold purpose built 175 bedroom student accommodation block situated in Birmingham City Centre.
Property Description
An eight storey block of student accommodation constructed on the top of a car park, which has been vacant since 2021 situated within close proximity of Aston and Birmingham City Universities in the Centre of Birmingham City Centre.Accommodation
Ground Floor: Main Entrance off Newton Road with Reception Area, Office with Kitchen, Laundry Room, Utility Rooms for Electricity and Water, Storage Rooms and a Large Covered Car Parking Area Accessed off Dale End.Londonderry House Student Accommodation On Top Of Car Park
Eighth Floor External Entrance off NCP Car Park Giving Access To:
Floor 9: Four Cluster Units One Having 6 Bedrooms, Two Having 5 Bedrooms and One Having 4 Bedrooms. Each Unit Has En Suite Facilities Plus A Shared Kitchen. In Addition To This There Is A Studio Unit Comprising Open Plan Bedroom/Kitchenette and Shower Room/WC. This Makes A Total Of 21 Bedrooms.
Floors 10-16: Four Cluster Units Per Floor, One Having 6 Bedrooms and Three Having 5 Bedrooms. In Addition To This There Is A Studio Unit On Each Floor Comprising An Open Plan Bedroom/Kitchenette and Shower Room/WC. Thus Making A Total of 154 Bedrooms Over Floors 10-16.
To Summarise The Student Accommodation Comprises 175 Student Units of Which 167 Are En Suite Rooms and 8 Are Studios. Each Unit Has The Benefit Of Electric Heating.
The Numbering Of The Units Is As Follows:
Floor 9 - 101-105 of which unit 104 is the studio.
Floor 10 - 201-205 of which 204 is the studio.
Floor 11 - 301-305 of which 304 is the studio.
Floor 12 - 401-405 of which 404 is the studio.
Floor 13 - 501-505 of which 504 is the studio.
Floor 14 - 601-605 of which 604 is the studio.
Floor 15 - 701-705 of which 704 is the studio.
Floor 16 - 801-805 of which 804 is the studio.
Each Floor Has Lift Access From The Reception Area and Also A Staircase. On Each Half Landing There Is A Comms Room.
Roof Area: There Is A Roof Area Over Floor 16 Which Houses A Lift Engine Room, Generator Room and Room Containing A Water Tank.
Energy Performance Rating
See legal packCouncil Tax Band
See legal packTenure
Leasehold – Vacant possession upon completion.Planning
In 2001 (December) planning permission was granted for conversion of office building to Student/NHS Keyworker accommodation (planning reference: C/05049/01/FUL). Decision notice is in the legal pack.In 2022 (March) planning permission was granted to erect a further three stories to the existing eight storey block which would provide a further 60 units and replacement of external cladding to the existing building. This planning consent has now lapsed (Planning ref: 2021/09468/PA). See legal pack
Lease Details
Lease Term: 96 years from 24th April 2002 having approximately 72 years remaining. Subject to a peppercorn ground rent.Full lease details will be available within the legal pack.
The lease dated 24 April 2002 contains provisions linked to negotiations for a revised superior lease with Birmingham City Council for a 154 year lease. Although these arrangements were not completed, purchasers may wish to explore further with the freeholder.
Auctioneer's Note
The property has been vacant since 2021 after receiving a notice from the fire authority due to non-compliance with fire regulations.Please note that the completion period for this property is 6 weeks (42 days).
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewings
Strictly by appointment with the Auctioneers. Please complete the ‘request a viewing’ form or contact the office.DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
VIEWINGS
Buyers are deemed to have viewed the property (if access is available), viewed the virtual tours where applicable and undertaken all their due diligence checks prior to bidding.
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,700 inc VAT (£2,250 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
