Low-entry buy-to-let with parking and balcony, currently tenanted for immediate income.
Two-bedroom first-floor flat with balcony and allocated off-street parking
A compact two-bedroom first-floor apartment in Edgbaston, offered with an existing three-year tenancy—an immediate rental income opportunity for investors. The open-plan lounge/kitchen opens onto a balcony and the flat includes allocated off-street parking, double glazing and secure intercom entry. Its location gives quick access to Birmingham city centre, major hospitals and motorway links.
The property is best suited to someone seeking a let-ready investment or a buyer willing to modernise. Rooms are modest in size and the kitchen and bathroom are contemporary but would benefit from updating to maximise rental yield or resale value. Heating is electric, which can be more expensive than gas.
Leasehold considerations: approximately 89 years remain, with an annual service charge of £1,200 and ground rent of £250. The surrounding area is classified as deprived with above-average crime rates—factors to weigh against the rental income and low purchase price.
This flat offers straightforward, low-maintenance ownership and immediate occupancy by a tenant. Investors should budget for medium-term works and factor lease length and service costs into total returns.
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