Summary - 10 MINSTER DRIVE BIRMINGHAM B10 0LD
3 bed 1 bath Flat
Immediate rental income with private parking and clear refurbishment potential.
- Three bedrooms in a compact 570 sq ft flat
- Tenant in situ generating £7,500 gross annual income
- Private driveway parking and communal front/rear gardens
- Leasehold with ~80 years remaining — mortgage risk for buyers
- Kitchen dated, low ceiling; requires modernization
- Area classed very deprived with above-average crime levels
- Excellent mobile signal and fast broadband supporting lettings
- Immediate appeal to serious investors and developers
This three-bedroom, leasehold flat on Minster Drive is presented primarily as an investment opportunity. It is compact (approximately 570 sq ft) and currently occupied by long-term tenants producing a gross annual income of £7,500, offering immediate rental return for a buyer seeking yield rather than owner-occupation.
Practical positives include private driveway parking, communal front and rear gardens, excellent mobile signal and fast broadband — traits that support rental demand in the area. The building is a 1980s red-brick low-rise block; the flat sits within an urban neighbourhood with ready access to local shops, places of worship and public transport links.
Buyers should note material constraints: the lease has around 80 years remaining, which may cause some mortgage lenders to refuse finance or demand specialist products. The accommodation is small and the kitchen is dated with low ceilings and will require modernization to improve appeal and rental value. The local area is classed as very deprived with above-average crime statistics — factors that will influence lettings strategy and capital values.
This property suits an investor or developer able to manage a buy-to-let with existing tenancy in place, and who can budget for refurbishment and potential lease extension costs. A full survey, review of the Let Property Pack and confirmation of lending options are recommended before purchase.
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