Two-bedroom ground-floor maisonette with garden — cash buyers only, strong refit potential.
Two-bedroom ground-floor maisonette, approx. 492 sq ft
Good-sized private rear garden, potential to enhance value
Requires full refurbishment — structural/decorative works needed
Short lease: 39 years remaining — mortgageability likely affected
Cash buyers only advised due to lease length and lender refusal risk
Good transport links to A45, NEC, Birmingham Airport and M42
Fast broadband and excellent mobile signal; council tax is low
Local crime rate above average — consider security measures
This two-bedroom ground-floor maisonette on Rowood Drive is a clear refurbishment opportunity for a cash buyer or property investor. The flat offers straightforward accommodation — entrance lobby, living room, separate kitchen, two double bedrooms and a family bathroom — arranged over a compact single-storey footprint (approx. 492 sq ft). A private rear garden increases lettable/amenity potential once works are complete.
The property requires a full scheme of works: visible wear, damp-stained flooring and dated fittings indicate mechanical, decorative and likely heating/bathroom upgrades are needed. The construction is post‑war brick with double glazing and mains gas central heating; walls are cavity without added insulation (assumed), so thermal improvements would add long‑term value and reduce running costs.
A material constraint is the short lease (39 years). Mortgage lenders will likely refuse to lend and the sale is being marketed to cash buyers only. Buyers should factor in lease extension costs and legal checks; this materially affects mortgageability and resale comparables.
Location is practical: regular buses serve Lode Lane and Damson Lane, quick road access to the A45, NEC, Birmingham Airport and M42, and several primary and secondary schools are within walking distance. Broadband and mobile signals are strong, and council tax is low — positives for future tenants or resale. Note: local crime statistics are above average, so consider security and community costs when planning refurbishment.
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