Summary - 23, PAKENHAM ROAD B15 2NE
1 bed 1 bath Apartment
Fully refurbished Edgbaston flat — cash buyers only due to 45-year lease..
- Fully refurbished one-bedroom first-floor apartment
- Approx. 334 sq ft — compact living space
- Juliet balcony, refitted kitchen and bathroom
- Residents' parking and maintained communal gardens
- Double glazing and gas-combi boiler installed
- Short lease: 45 years remaining — cash buyers only
- Service charge £1,529.02 pa; ground rent £75 pa
- Slow broadband and above-average local crime stats
A compact, fully refurbished one-bedroom apartment on the first floor, set within a well-kept low-rise development in Edgbaston. The flat has been renovated to a modern standard with a refitted kitchen, newly fitted bathroom, double glazing, and a Juliet balcony overlooking communal gardens. Residents benefit from off-street parking and close walking access to the University of Birmingham, Queen Elizabeth Hospital and Edgbaston Village.
This property is very small (approximately 334 sq ft) and will suit a cash buyer seeking a low-maintenance, ready-to-move-in unit or an investor looking for a short-term hold. Service charge and ground rent apply and communal grounds are maintained. Note that broadband speeds in the area are reported as slow and local crime statistics are above average; these factors may affect rental appeal and day-to-day convenience.
Important lease information materially affects value and mortgageability: only 45 years remain on the lease. Many mortgage lenders are likely to refuse lending on this term, so purchase is suitable only for cash buyers or those prepared to investigate a lease extension (which will add cost). Buyers should obtain full lease documentation, confirm costs for extension, and check lender and insurer requirements before committing.
Overall this is a straightforward, low-upkeep flat in a convenient Edgbaston location. The combination of recent refurbishment and short lease makes it a clear chance for cash buyers wanting immediate occupancy or a project for lease-extension and longer-term ownership after additional investment.
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