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71-79 John Bright Street, Birmingham, B1 1BL - Image 1
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71-79 John Bright Street, Birmingham, B1 1BL - Image 3
71-79 John Bright Street, Birmingham, B1 1BL - Image 4
71-79 John Bright Street, Birmingham, B1 1BL - Image 5
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71-79 John Bright Street, Birmingham, B1 1BL - Image 8
71-79 John Bright Street, Birmingham, B1 1BL - Image 9
71-79 John Bright Street, Birmingham, B1 1BL - Image 10
71-79 John Bright Street, Birmingham, B1 1BL - Image 11

71-79 John Bright Street, Birmingham, B1 1BL

West Midlands

£1,500,000

Listed on 18/05/2026

Property Details

Bedrooms
4
Type
Commercial Property

Description

This Grade II listed building, dating back to 1881, presents a unique redevelopment opportunity in Birmingham's city centre. Previously serving as a hospital and later as licensed premises, the property is now unoccupied and has been stripped of most internal fixtures since it closed its doors in 2014. Its unutilized state, combined with its listing, identifies it as a building at risk and opens the door for significant investment potential. Full planning permission has already been granted for the conversion into 15 residential apartments, including four duplex units around a central lightwell that promises to enhance the living experience with ample natural light. With historical features such as impressive brick detailing and an iconic tower, this project is set to revitalize not just the building itself but also contribute positively to the surrounding area. The property's prime location — mere minutes from key transport links and popular shopping destinations — only adds to its appeal for future residents. This is an ideal venture for investors looking to breathe new life into an architectural gem while capitalizing on its strategic position within Birmingham's vibrant urban environment.

Investment Analysis

(B1 area)
Area Average
£336/sq ft
Avg Rent (weekly)
£254
Avg Yield
6.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£900,000 - £1,300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (B1)

Area prices are falling by -24.3% over the last 12 months
3 year growth: -25.3%
5 year growth: -22.5%
Investment Disclaimer: Analysis based on B1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

71-79 John Bright Street, Birmingham, B1 1BL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,351
Based on a loan of £1,125,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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