Ready-made rental with immediate income and central location.
Two-bedroom ground-floor flat, approx 538 sq ft
A ground-floor two-bedroom flat offering immediate rental income in Small Heath, five minutes from Birmingham city centre. The property is currently tenanted and produces approximately £8,700 per year, making it attractive to investors seeking near-term returns.
Practical features include double glazing, electric storage heating, a fitted kitchen and bathroom, and secure communal access. The flat is compact at about 538 sq ft and is part of a modern red-brick block constructed in the 1980s.
Important cautions: the lease has around 80 years remaining — lenders may refuse to mortgage this property, which affects resale and mortgage-based purchases. The service charge is approximately £1,900 per year and ground rent about £10 per year. The EPC rating is E and heating relies on electric storage heaters, which can be costly.
Located in a busy, well-served neighbourhood with excellent mobile and fast broadband, the area has high crime rates and high deprivation levels. Buyers should verify lease, service charge, and tenancy details with their solicitor or surveyor before committing.
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