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71-79 John Bright Street, Birmingham, Birmingham, B1 1BL - Image 1
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71-79 John Bright Street, Birmingham, Birmingham, B1 1BL - Image 3
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71-79 John Bright Street, Birmingham, Birmingham, B1 1BL - Image 8
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71-79 John Bright Street, Birmingham, Birmingham, B1 1BL

West Midlands

£1,500,000
Listed on 26/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This Grade II listed property, originally built in 1881 and notably used as a hospital until 2014, presents a unique redevelopment opportunity in the heart of Birmingham City Centre. The substantial structure spans multiple levels, including ground to basement, and features an impressive glazed light well that enhances natural light into the ground floor. Currently unoccupied and stripped of most internal fittings, the building has been acknowledged as at risk by SAVE Britain's Heritage. However, it comes with full planning permission for conversion into 15 premium residential apartments, including duplex units configured around a central lightwell and courtyard. Key architectural elements such as historic towers and brick detailing can be preserved and highlighted during the renovation process. Located mere minutes from major transport links and amenities like the Bullring and Mailbox, this project not only offers potential for high-end living spaces but also benefits from a vibrant surrounding community. Given its history and prime location, this property is poised for a transformative restoration.

Investment Analysis

(B1 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£250
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (B1)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -5.6%
5 year growth: -6.8%
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, Birmingham, B1 1BL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£5,410
Based on a loan of £1,125,000 over 30 years at 4.06% 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.

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