Two-bedroom, parking and communal areas — cash buyers only due to 56-year lease..
Two double bedrooms and separate WC
Located in sought-after Edgbaston yet close to Birmingham city centre, this two-bedroom apartment offers straightforward rental or refurbishment potential. The flat provides a bright living room, fitted kitchen, parking and well-kept communal areas, making it easy to let or occupy without major immediate works.
Important finance and legal facts are clear: the lease has 56 years remaining, so most high-street mortgage lenders will decline and the sale is marketed to cash buyers only. Short lease remediation or enfranchisement would be required for mortgage eligibility and will affect purchase costs and timing.
Internally the accommodation is sensible and liveable: two double bedrooms, a family bathroom plus separate WC, fitted kitchen and generous lounge. Neutral décor throughout reduces immediate redecoration needs, though some parts (living room) would benefit from updating for rental yield or resale improvement.
This is best suited to cash investors or buyers prepared to manage a short-lease purchase. Factor in lease extension costs, potential lender restrictions, and the area’s higher crime statistics when assessing long-term returns.