Summary -
Flat 9,The Lodge 283-285,Hagley Road,BIRMINGHAM,B16 9NB
B16 9NB
2 bed 1 bath Apartment
**Key Features:**
- Tenanted with rental income of £1,000/month
- Two double bedrooms, two bathrooms
- Modern first-floor apartment in a prime Edgbaston location
- Secure gated parking and lift access
- EPC Rating: C
- Leasehold with 63 years remaining (may impact mortgage options)
- Nearby bus services and local amenities including universities and hospitals
Discover an excellent investment opportunity with this stylish first-floor apartment located in the vibrant Edgbaston area. This well-designed residence features two spacious double bedrooms, including one with an en-suite bathroom, and an additional modern bathroom for added convenience. The open-concept living space benefits from natural light and is designed for comfort and functionality.
Residents appreciate secure gated parking, lift access to all floors, and an intercom system for added security. Positioned near key institutions like the University of Birmingham and the Queen Elizabeth Medical Complex, this property is perfect for attracting tenants due to its proximity to essential services and leisure activities in the area, including golf clubs and beautiful gardens.
However, it’s important to be aware of the 63 years left on the lease, which may complicate mortgage lending, necessitating cash buyers or those with alternative financing. With a service charge of approximately £761.89/quarter, potential owners must also consider this ongoing expense. Ideal for savvy investors looking at high-demand locations, this apartment offers both immediate rental income and future renovation potential to increase value. Don't miss out on this opportunity to own a piece of urban living in Birmingham.
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