Summary - FLAXLEY CLOSE, 263 FLAT 22 FLAXLEY ROAD STECHFORD BIRMINGHAM B33 9HE
2 bed 1 bath Apartment
Affordable two-bedroom apartment with garage and rental potential, long lease and fast broadband..
Two-bedroom first-floor apartment, approx. 516 sq ft
Long lease: 115 years remaining
Potential rental income around £800pcm
Includes garage for parking or storage
Communal gardens and secure communal entrance
Service charge ~£1,140pa; ground rent £150pa
Located in area with very high crime and deprivation
Cavity walls with no confirmed added insulation
This two-bedroom first-floor apartment offers practical, well-proportioned living in Stechford, with a generous lounge, fitted kitchen and modern bathroom. Set in a 1960s block, the home benefits from double glazing, mains gas central heating and access to communal gardens. A lock-up garage is included, useful for storage or parking.
The property is presented for first-time buyers or investors seeking a straightforward purchase with rental potential (approx. £800pcm). The long lease (115 years remaining) and clear service charge/ground rent costs give transparency: service charge about £1,140pa and ground rent £150pa. Broadband speeds are fast and mobile signal is excellent.
Be aware of material negatives: the area records very high crime levels and overall deprivation indicators, which will affect resale and lettings demand. The building dates from the late 1960s/early 1970s and external walls are cavity-built with no confirmed added insulation. The apartment is small (approx. 516 sq ft) and may suit buyers prioritising value over space.
An internal viewing is recommended to judge room proportions and condition. For buyers prepared to accept the location trade-offs, this apartment represents an affordable entry into the local market or a lettable asset with an included garage and clear running costs.
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