Summary - WASHINGTON APARTMENTS, 5 44 LEXINGTON GARDENS BIRMINGHAM B15 2DR
2 bed 2 bath Apartment
Chain-free two-bedroom apartment with long lease and solid rental potential in Park Central area.
Chain-free two-bedroom, two-bathroom apartment
This chain-free, two-bedroom apartment in Lexington Gardens offers straightforward rental appeal and long-term security with a 246-year lease. Set in a modern block, the layout includes two double bedrooms, two bathrooms and a Juliette balcony that brings light into the open-plan living space. The property has passed an EWS1 cladding assessment, removing a common purchase hurdle for apartment buyers.
Practical running notes: heating is electric via room heaters and main fuel is electricity. Service charge at £4,080pa and ground rent of £350pa are notable ongoing costs; council tax is described as cheap. The apartment sits in a busy urban area with fast broadband and excellent mobile signal, close to shops, parks and public transport.
Important considerations for buyers and investors: the surrounding area is classed as very deprived and local crime levels are very high, which may affect tenant demand and rental values. The accommodation is of average overall size (around 700 sq ft) and while the finish is modern, prospective purchasers should budget for the higher-than-average service charge when assessing yield.
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