Ideal buy-to-let near Brindley Place and excellent transport links.
Vacant fifth-floor flat with vacant possession on completion
143 years remaining on the lease
463 sq ft — average-sized one-bedroom unit
24-hour concierge, on-site gym, lift and secure fob entry
Double glazing; EPC rating C
Electric room heaters — higher running costs likely
Located near Brindley Place, Mailbox, Cube and Five Ways station
High local crime and very deprived area — investigate local risks
This vacant fifth-floor leasehold flat offers immediate possession and a clear route to purchase via public auction. At 463 sq ft with a 143-year lease remaining and an EPC C rating, the property suits buyers seeking a central buy-to-let or city pied-à-terre with minimal initial tenancy logistics.
The block provides practical on-site amenities including 24-hour concierge, a gym, lift access, secure fob entry and communal bin storage. The open-plan reception/kitchen is fitted with essential appliances; double glazing and fast broadband/mobile signal support modern tenant expectations.
Buyers should factor in material drawbacks: the flat is electrically heated by room heaters (likely higher running costs), and the immediate neighbourhood records high crime and very high deprivation levels. The sale is at auction with an administration fee (£2,340 inc. VAT) payable on completion; full legal pack scrutiny is essential.
For investors, the combination of central location (walking distance to Brindley Place, The Mailbox, The Cube and Five Ways station), vacant possession and long lease offers straightforward letting or resale potential. For owner-occupiers, budget for potentially higher energy bills and consider security and local area factors before bidding.
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