Summary - Broad Street, Birmingham, West Midlands, B15 B15 1BJ
1 bed 1 bath Flat
Compact city flat with strong transport links and rental potential.
Chain-free apartment in central Broad Street location
A 1-bedroom city-centre flat on Broad Street offered chain-free and sold via auction, presenting a straightforward buy for investors or professionals seeking central rental income or short-term capital gain. The open-plan living area and contemporary kitchen give the apartment clear tenant appeal, while the double bedroom with fitted wardrobes and a modern bathroom complete a compact, rentable layout.
Practical details: the property is leasehold (approx. 141 years remaining), 448 sqft, EPC rated C and heated by electric room heaters — an arrangement that keeps installation costs low but may raise running costs. The advertised annual service charge is notable (c. £2,739), so factor communal expenditure into yield calculations.
Location is a double-edged strength: immediate access to Broad Street’s transport, leisure and amenities supports demand from young professionals and short-stay renters, but the wider area records high crime and very high deprivation levels, which could affect long-term capital growth and tenant profiles. The sale via the Modern Method of Auction also carries a non-refundable reservation fee and buyer pack costs — budget for these when bidding.
This is a pragmatic investment opportunity: good central location and a ready-made rental layout, offset by above-average service charges, electric heating, and local area challenges. Suitable buyers will be those comfortable with auction purchase mechanics and with clear post-purchase plans (hold for rental, light refurbishment, or resale).
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