Summary - GLYDE COURT, 1 FLAT 8 HAZELWOOD ROAD BIRMINGHAM B27 7TG
1 bed 1 bath Apartment
Affordable auction one-bed with balcony, parking and a long lease — for a ready buyer or investor.
No upward chain — immediate exchange possible
Sold at Modern Auction; reservation fee and buyer’s fees apply
Approx. 101 years remaining on lease
Service charge approx. £2,500.80 per year
Allocated gated parking and balcony included
Electric room heaters — likely higher running costs
Small overall size ~374 sq ft (compact one-bed)
Located in an inner-city area with higher crime rates
A compact second-floor apartment in Glyde Court offering practical, low-maintenance city living. The flat has one double bedroom, an open-plan lounge/kitchen with French doors to a balcony, and an allocated gated parking space — convenient for a single buyer or investor seeking immediate rental potential. The property comes with a lengthy lease (approx. 101 years) and no upward chain, simplifying a purchase process for buyers prepared to act quickly.
Buyers should note this lot is sold via Modern Auction. Bidding is subject to a reserve price and non-refundable reservation fee (£5,000 + VAT) payable in addition to the purchase price; other buyer’s fees and auction terms apply. The service charge is relatively high (approx. £2,500.80 p.a.) and there is an annual ground rent (approx. £178), so factor running costs into affordability and rental yield calculations.
The apartment is electrically heated via wall/room heaters and has double glazing; this keeps initial capital outlay lower but can mean higher utility costs compared with gas heating. The block dates from the early 1990s and appears generally maintained; buyers should commission their own surveys to verify mechanical, electrical and structural condition. The location is inner-city with fast broadband and excellent mobile signal, but it sits in a deprived area with higher crime levels — important for owner-occupiers and investors to consider when assessing safety and lettability.
In short: a small, well-laid-out one-bed with balcony and parking, offered at auction with clear purchase costs and running charges. It suits a first-time buyer comfortable with auction purchase mechanics or an investor seeking an affordable city flat, provided they complete due diligence on service charges, heating costs and local area considerations.
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