Essence Property Investment & Management - Birmingham - Ref: 102640001059

Welcome to this beautifully presented one-bedroom apartment in the sought-after Park Central development at 48 Mason Way, Birmingham. Perfect for professionals or couples, this stylish home combines modern city living with a touch of tranquillity.

The apartment offers a bright open-plan living and dining area, leading out onto your own private balcony - ideal for morning coffee or relaxing after work. The well-appointed kitchen comes with integrated appliances, providing everything you need in one sleek space.

The spacious double bedroom is complemented by a contemporary bathroom, finished to a high standard. Additional features include ample storage throughout and secure entry for peace of mind.

Residents benefit from on-street permit parking, a rare bonus for city centre living, and the fantastic location puts you within easy reach of Birmingham‘s bustling shops, restaurants, and transport links. Park Central itself is known for its landscaped green spaces, providing a peaceful retreat right on your doorstep.

Origins - The Lee Bank Estate: The site was originally part of Birmingham‘s post-war housing boom, known as the Lee Bank estate. Built during the 1960s, this sprawling development included multiple tower blocks. Between 2000 and 2006, several of these were demolished-most notably Chatsworth Tower (2002) and Haddon Tower (2006)-marking the start of a major transformation.

Regeneration Project (2005 onwards): Crest Nicholson, working with Birmingham City Council and Optima Community Association, led a vast redevelopment covering 60+ acres. The project aimed to replace outdated high-rises with a vibrant mix of housing types, green space, and amenities. As of mid 2016, over 1,300 homes had been built, with further phases underway.

Park Central‘s Recognition: The development earned national acclaim, winning Development of the Year (100+ homes) at the Sunday Times British Homes Awards in 2014. Judges commended its quality design, 'chameleon' facades, and sensitive integration with the community

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).