Secure gated building near amenities — practical starter or rental opportunity.
Long lease — c.242 years remaining
Chain free, upper-floor flat with lift access
527 sq ft; open-plan living/kitchen layout
EPC C; average thermal performance
Electric room heaters — likely higher running costs
Service charge £2,619.90 pa; ground rent £500 pa
Secure gated development with off-street parking
Located in area with very high crime and deprivation
Set within a secure gated development in the popular Lexington Gardens area, this chain-free one-bedroom flat offers a straightforward entry into Birmingham property ownership or buy-to-let investment. The apartment benefits from lift access, off-street parking and a long lease of approximately 242 years, giving long-term tenure security.
Internally the home is a practical, average-sized 527 sq ft layout with an open-plan living/kitchen, double bedroom, modern bathroom and large storage cupboard. An EPC rating of C and average thermal wall performance indicate reasonable energy efficiency, though heating is electric room heaters which can increase running costs compared with gas heating.
Buyers should note material costs: an annual service charge of £2,619.90 and ground rent of £500 per year. The property sits in an area flagged as having very high crime levels and very high deprivation, which may affect resale or rental demand; nearby amenities and good mobile and broadband connectivity partly offset these local challenges. This is best suited to first-time buyers seeking affordability or investors targeting city rentals, provided they factor in service charges and local area risks.
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