Summary - 5, Archers Close, BIRMINGHAM B23 5XW
1 bed 1 bath Maisonette
Affordable one-bedroom ground-floor maisonette with garden, long lease and low running costs.
Spacious lounge/diner with separate fitted kitchen
A ground-floor one-bedroom maisonette offering straightforward, affordable entry to homeownership or a rental portfolio. The layout includes a spacious lounge/diner, separate kitchen, double bedroom with built-in storage and a shower room; fittings and finishes are broadly average and would benefit from cosmetic updating. The property has its own private rear garden and a small foregarden, useful storage in the hallway, and a long lease with a low annual service charge.
Practical running costs are a clear plus: Council Tax Band A and a low ground rent of £10 per year. Service charge is £300 per year (review period stated as 110 years), which is well below typical levels. Broadband and mobile signal are reported good, making the flat suitable for a commuter or tenant who works from home.
Location is convenient for local shops, buses and nearby schools, but buyers should note the area’s higher crime statistics and classification as very deprived; that can affect resale values and tenant demand. The building appears to date from the 1970s and the exterior and interiors will need some modernization, so this suits a buyer prepared to refurbish or an investor seeking a value-add project.
Overall this maisonette is best suited to a first-time buyer seeking a low-cost starter home, a downsizer on a budget, or an investor after a long-lease rental asset with low holding costs. Internal viewing recommended to assess condition and renovation scope before offers.
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