Summary - 57, KENMURE ROAD B33 0RX
1 bed 1 bath Apartment
Affordable rental lot with immediate income in Yardley.
Current income £6,600 PA from assured shorthold tenancy (holding over)
Ground-floor one-bedroom, approx. 440 sq ft, EPC C
Leasehold: 125-year lease from 2005 (approx. 105 years remaining)
Guide price £55,000 — selling at public auction, unconditional exchange
No internal viewings; property sold subject to existing tenancy
Location: high crime, very deprived area — affects demand and rents
Low ground rent £10 PA; administration fee £2,340 payable at sale
Double glazing, gas central heating; communal grounds, low maintenance
This ground-floor one-bedroom apartment is offered as a leasehold investment lot at public auction with a current rental income of £6,600 per year. The building dates from the 1950s–60s and the flat provides an average-sized 440 sq ft layout with double glazing, gas central heating and an Energy Performance Rating of C. It sits in communal grounds and is sold subject to the existing assured shorthold tenancy (holding over).
The lot will be sold at auction on 23 October 2025; internal viewings are not available and the sale is unconditional on the fall of the hammer. The lease was granted in 2005 (125 years) and approximately 105 years remain; ground rent is nominally £10 per annum. Prospective buyers should review the full legal pack for any additional costs or special conditions and allow for the advertised administration fee payable on completion.
This property suits investors looking for an affordable, low-maintenance rental purchase with immediate income. Note the location is in a high-crime, very deprived neighbourhood classification — that may affect lettings, yields and long-term capital growth. External factors such as limited local market strength and the sale being by auction mean careful due diligence is essential before bidding.
No internal access will be provided and the tenant remains in occupation, so refurbishments or redevelopment would require notice or vacant possession where applicable. Broadband and mobile signal are reported good, and nearby schools and basic amenities are present, but buyers should factor in increased management or refurbishment costs if improving tenant quality or rental level is a goal.
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