Summary - 3 Hartley Place, Vicarage Road B15 3HS
2 bed 1 bath Flat
- First-floor two-bedroom flat with large reception and bay windows
- Garage in separate block included
- Short lease: 49 years remaining — lenders likely to refuse mortgages
- Service charge approximately £2,299.20 per year
- Double glazing and mains gas central heating
- Close to Hagley Road transport, universities and QE Medical Centre
- High local crime rate and area deprivation noted
- Cash buyers or investors preferred due to lease length
This first-floor two-bedroom apartment sits in a low-rise 1960s/70s purpose-built block in Edgbaston, close to Hagley Road transport links and local amenities. Large bay windows and a spacious reception room give good natural light and flexible living space. The property includes a separate-block garage and access to communal landscaped grounds.
The flat has a practical L-shaped kitchen, fitted bathroom and built-in bedroom storage. It benefits from double glazing and mains gas central heating via a boiler and radiators. Council tax is affordable and the development has a secure entry system.
Buyers should note a material drawback: the lease has only 49 years remaining. Many mortgage lenders are likely to refuse lending on this basis, so this property is most suitable for cash buyers or investors prepared to fund a lease extension. The current service charge is £2,299.20 per annum, which should be factored into running costs.
Given the location near the university, medical centre and local high streets, the flat offers short-term rental or refurbishment potential for an investor, or a low-maintenance home for a buyer able to proceed without mortgage finance. High local crime statistics and the area's socioeconomic profile may influence resale and tenant markets, so factor those into long-term plans.
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