Summary - 12 MINSTER DRIVE BIRMINGHAM B10 0LD
1 bed 1 bath Flat
**Standout Features:**
- One double bedroom flat with sitting tenants
- Generates rental income of £600 per month
- Well-presented with modern features
- Convenient access to local amenities and public transport
- Reasonably priced at £85,000 with below-average service charge (£850)
- Ground rent of £10 (unknown review period)
- 81 years remaining on lease (needs timely renewal)
**Notable Concerns:**
- Above average crime rate in the area
- Property size is compact at 327 sq ft
- Area classified as very deprived
- Narrow hallway and possible updates needed
This one-bedroom flat presents an ideal investment opportunity in a bustling residential neighborhood. With sitting tenants generating a steady rental income of £600 per month, this property is perfect for savvy investors or first-time buyers seeking to enter the rental market. The flat is well-presented and boasts easy access to local shops and amenities, ensuring a comfortable living environment.
However, potential investors should be aware of the flat's compact size, the need for a swift lease renewal (currently at 81 years), and the above-average crime rate in the neighborhood. With the right vision and maintenance updates, this property holds the promise of rental stability and potential appreciation. Act quickly to seize this opportunity—properties like this don't stay on the market for long!
1 bedroom flat for sale in Hadyn Grove, Birmingham, B26 — £100,000 • 1 bed • 1 bath • 504 ft²
2 bedroom flat for sale in Cooksey Road, Small Heath, B10 — £95,000 • 2 bed • 1 bath • 538 ft²
1 bedroom flat for sale in Bolton Road, Birmingham, West Midlands, B10 — £74,950 • 1 bed • 1 bath • 431 ft²
1 bedroom flat for sale in Anton Court, Hagley Road, Edgbaston, B17 — £110,000 • 1 bed • 1 bath • 462 ft²
1 bedroom flat for sale in Cocksmead Croft, Birmingham, B14 — £120,000 • 1 bed • 1 bath
3 bedroom flat for sale in Minster Drive, Birmingham, B10 — £98,000 • 3 bed • 1 bath • 570 ft²
