- Available Late March 2025
- 6 / 12 Months Tenancy on Offer
- EPC Rating B & Council Tax Band E
- Zero Deposit Scheme Available
- Fully furnished
- 24 Hour Concierge with Residents Gym
Full Description
*Available NOW* A Two Bedroom, Two Bathroom Apartment Overlooking Birmingham North in The Bank I Tower. 24/7 Concierge and Resident Gym. Located in Five Ways, gain access to your favourite restaurants and entertainment amenities, as well as the tram, train station and bus stop at your doorstep.
Situated in the heart of Birmingham city centre, this outstanding development stands within walking distance of many attractions including Brindley Place and Arena Central. The ideal location of the Bank enables residents to access fine dining including five Michelin starred restaurants and shopping at the Bullring, Grand Central and the Mailbox.
This stunning superior two bedroom apartment has been finished to an exceptional standard throughout and enjoys floor to ceiling windows providing plenty of natural light and amazing views. The accommodation, which simply must be viewed, has a large living / dining area, an open plan designer kitchen area with integrated appliances and island, a large master bedroom with contemporary en suite shower room off, a further large double bedroom with built in storage and a designer bathroom. These luxury apartments offer many communal facilities for the residents to enjoy including 24 hour concierge.
The Bank Tower in Birmingham has a rich history. The area was once home to various industrial buildings, warehouses, and factories, dating back to the 18th and 19th centuries.
In the mid-19th century, Sheepcote Street was also known for its canal, where disgraceful scenes of swimming were reported in June 1845.
The street was also lined with pubs, including The Albion, which was nicknamed "Gooses" ¹. The pub had an interesting history, with stories of a pool winner named Spud Baker who would often take kids on rides in his pink American car.
In recent years, Sheepcote Street area has undergone significant regeneration, with new residential developments, including The Bank Towers.
These apartments offer stunning views of the city and are located in a thriving area with easy access to local amenities and transport links
Permitted payments and tenant protection information
What reservation fees & rental funds will be asked for before moving in?
Essence Property would take a reservation deposit which covers the taking the property off the market while we commence referencing, this fee will be transferred to your deposit on move in (subject to passed referencing).To secure an apartment we must be in receipt of the reservation fee. Once acceptable references have been received and approved, a date will be agreed for the start of your tenancy. The tenancy agreement must be signed and the initial monies must be paid in full.
- Reservation deposit: Equivalent to one weeks rent
- First month's rent: Payable in advance of move in
- Deposit: Equivalent to five weeks rent, payable on or before the date of move in (must be cleared funds on the date of move in).
As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
* Holding deposits (a maximum of 1 week's rent);
* Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);
* Payments to change a tenancy agreement eg. change of sharer (capped at £50 or, if higher, any reasonable costs);
* Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs);
* Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence;
* Council tax (payable to the billing authority);
* Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);
* Reasonable costs for replacement of lost keys or other security devices;
* Contractual damages in the event of the tenant's default of a tenancy agreement; and
* Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
For properties in Wales, the Renting Homes (Fees etc.) (Wales) Act 2019 means that in addition to rent, lettings agents can only charge tenants the following permitted payments
*Holding deposits (a maximum of 1 week's rent);
*Security deposits;
*Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence;
*Council tax (payable to the billing authority);
*Payments for the late payment of rent (where required under the tenancy agreement);
*A breach of a term of the contract (where required under the tenancy agreement); and
*Any other permitted payments under the Renting Homes (Fees etc.) (Wales) Act and regulations applicable at the relevant time.
Tenant protection
In addition to publishing relevant fees, Essence Property Investment & Management is a member of Property Ombudsman (Property Redress Scheme).
Viewing
Please contact us on 0121 666 7588 if you wish to arrange a viewing appointment for this property, or require further information.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
Disclaimer
Essence Property Investment and Management Ltd endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
Situated in the heart of Birmingham city centre, this outstanding development stands within walking distance of many attractions including Brindley Place and Arena Central. The ideal location of the Bank enables residents to access fine dining including five Michelin starred restaurants and shopping at the Bullring, Grand Central and the Mailbox.
This stunning superior two bedroom apartment has been finished to an exceptional standard throughout and enjoys floor to ceiling windows providing plenty of natural light and amazing views. The accommodation, which simply must be viewed, has a large living / dining area, an open plan designer kitchen area with integrated appliances and island, a large master bedroom with contemporary en suite shower room off, a further large double bedroom with built in storage and a designer bathroom. These luxury apartments offer many communal facilities for the residents to enjoy including 24 hour concierge.
The Bank Tower in Birmingham has a rich history. The area was once home to various industrial buildings, warehouses, and factories, dating back to the 18th and 19th centuries.
In the mid-19th century, Sheepcote Street was also known for its canal, where disgraceful scenes of swimming were reported in June 1845.
The street was also lined with pubs, including The Albion, which was nicknamed "Gooses" ¹. The pub had an interesting history, with stories of a pool winner named Spud Baker who would often take kids on rides in his pink American car.
In recent years, Sheepcote Street area has undergone significant regeneration, with new residential developments, including The Bank Towers.
These apartments offer stunning views of the city and are located in a thriving area with easy access to local amenities and transport links
Permitted payments and tenant protection information
What reservation fees & rental funds will be asked for before moving in?
Essence Property would take a reservation deposit which covers the taking the property off the market while we commence referencing, this fee will be transferred to your deposit on move in (subject to passed referencing).To secure an apartment we must be in receipt of the reservation fee. Once acceptable references have been received and approved, a date will be agreed for the start of your tenancy. The tenancy agreement must be signed and the initial monies must be paid in full.
- Reservation deposit: Equivalent to one weeks rent
- First month's rent: Payable in advance of move in
- Deposit: Equivalent to five weeks rent, payable on or before the date of move in (must be cleared funds on the date of move in).
As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
* Holding deposits (a maximum of 1 week's rent);
* Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);
* Payments to change a tenancy agreement eg. change of sharer (capped at £50 or, if higher, any reasonable costs);
* Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs);
* Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence;
* Council tax (payable to the billing authority);
* Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);
* Reasonable costs for replacement of lost keys or other security devices;
* Contractual damages in the event of the tenant's default of a tenancy agreement; and
* Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
For properties in Wales, the Renting Homes (Fees etc.) (Wales) Act 2019 means that in addition to rent, lettings agents can only charge tenants the following permitted payments
*Holding deposits (a maximum of 1 week's rent);
*Security deposits;
*Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence;
*Council tax (payable to the billing authority);
*Payments for the late payment of rent (where required under the tenancy agreement);
*A breach of a term of the contract (where required under the tenancy agreement); and
*Any other permitted payments under the Renting Homes (Fees etc.) (Wales) Act and regulations applicable at the relevant time.
Tenant protection
In addition to publishing relevant fees, Essence Property Investment & Management is a member of Property Ombudsman (Property Redress Scheme).
Viewing
Please contact us on 0121 666 7588 if you wish to arrange a viewing appointment for this property, or require further information.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
Disclaimer
Essence Property Investment and Management Ltd endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
