Summary - 23 WOBURN CRESCENT BIRMINGHAM B43 6AX
2 bed 1 bath Apartment
Newly renovated low-price apartment with garage and garden appeal.
Two double bedrooms with good room proportions
Recently renovated kitchen and modern family bathroom
Front balcony plus large communal gardens to the rear
Single garage / parking space included (check vehicle suitability)
Lease c.47 years remaining — lenders may refuse mortgages
Service charge approx. £1,200pa; ground rent £35pa
Electric storage heating (check running costs and EPC)
Sale by auction — non-refundable reservation fee applies
A purpose-built ground-floor apartment offering two double bedrooms and a spacious lounge/diner, recently renovated to present a ready-to-let or quick-resale opportunity. The modern fitted kitchen and family bathroom reduce immediate refurbishment costs, while a front balcony and large communal gardens add tenant appeal and outdoor space rarely found at this price point.
Practical extras include a single garage/parking space, double glazing and electric storage heating. The property is offered with no upward chain and at a low guide price, making it straightforward for cash buyers or investors prepared to proceed via auction. Council Tax Band B and average local services support steady rental demand in this area.
Important cautions: the lease has approximately 47 years remaining — this will restrict mortgage options and likely deter some lenders. The sale is by Modern Method of Auction and requires payment of a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus other auction-related costs; buyers must complete within 56 days of the draft contract. Service charge and ground rent are ongoing costs to factor into returns.
Overall this apartment suits a hands-off investor wanting a low-entry, newly refurbished property with parking and communal gardens. Buyers should carry out full due diligence on lease extension cost, lender acceptability and the Buyer Information Pack before bidding.
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