Affordable buy-to-let with clear refurbishment upside.
One double bedroom first-floor flat, compact 358 sq ft
Requires full refurbishment: kitchen and bathroom dated
No central heating system present; electric heaters assumed
Leasehold with 89 years remaining
EPC rating E; solid brick walls likely uninsulated
Projected rental income £525–£575 pcm after refurbishment
Crime levels above average; factor management costs
Very cheap council tax; no flooding risk
This first-floor, one-bedroom apartment on Selborne Road is a compact investment with clear refurbishment potential. The flat is in a popular Handsworth Wood location with good transport links, nearby schools rated Good–Outstanding, and a projected rental range of £525–£575 pcm once upgraded.
The property is sold leasehold with 89 years remaining and currently requires full renovation: no central heating system is present, the kitchen and bathroom are dated, and walls are likely uninsulated solid brick. The EPC is band E and local crime levels are above average—factors investors should price into refurbishment and management costs.
Practical positives include very cheap council tax, no flooding risk, fast broadband and excellent mobile signal, and a compact layout suited to single-let occupancy. The sale is being handled under a public notice (existing offer received), so higher written offers may be required.
Overall this is a value-led opportunity for a buyer able to carry out works and manage an HMO/single-let tenancy. It’s best suited to investors looking for an affordable entry in a high-demand rental area rather than buyers seeking a move-in-ready home.
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