Well-presented studio near Jewellery Quarter — cash buyers only, good rental potential..
- Compact studio, 431 sq ft; living room/bedroom plus fitted kitchen
- Close to Jewellery Quarter, city centre, university and hospitals
- Fast broadband, excellent mobile signal and strong transport links
- Lease c.56 years remaining — mortgage lenders may refuse
- Service charge c.£1,249pa and ground rent £150pa
- Electric room heaters; likely higher running costs
- Area very deprived with very high local crime levels
- Cash buyers only due to short lease and lender risk
A compact, well-presented studio in B18, close to the Jewellery Quarter and within easy walking distance of Birmingham city centre and university. The flat offers a practical living/bedroom, fitted kitchen and shower room in a straightforward, low-maintenance layout making it ready to occupy or let quickly.
The location is the main selling point: excellent transport links, fast broadband and proximity to bars, shops and hospitals create steady rental demand. Council tax is low, and the property’s size and layout suit a single occupant, student or a buy-to-let investor seeking a simple, city-centre asset.
Buyers must note material drawbacks: the lease has around 56 years remaining and many mortgage lenders may refuse to lend, so this is a cash-only purchase. Service charge and ground rent (approx. £1,249pa and £150pa) and very high local crime levels are important considerations for occupation or letting.
There are also practical constraints to budget for: electric room heaters, likely higher running costs, and timber-frame construction with partial insulation may affect energy performance. For an investor or cash buyer prepared to accept the short lease and ongoing charges, this is a low-upkeep studio in a highly connected city location with immediate rental potential.