Summary - Apartment 2, 2 Riverpark Way, Northfield B31 2GB
3 bed 1 bath Flat
**Standout Features:**
- 3-bedroom ground floor flat in a contemporary building
- Currently tenanted, generating £1,050/month rental income
- Spacious open-plan kitchen/living area with modern finishes
- Double glazing and gas central heating
- Off-street parking available
- Leasehold property with 100 years remaining on the lease
**Potential Concerns:**
- High ground rent and service charges (£2,250 per annum each)
- Broadband speeds are very slow
- Average school ratings in the vicinity
Discover this inviting 3-bedroom ground floor flat nestled in the comfortable suburb of Northfield, perfect for families or investors seeking steady rental income. With a spacious open-plan design and modern kitchen featuring integrated appliances, this apartment provides a stylish living experience. Enjoy the security of a double-glazed unit with gas central heating, plus the convenience of off-street parking.
The potential to generate income from the existing tenant, who is currently paying £1,050 per month, makes this flat an attractive option for investment. However, prospective buyers should consider the additional costs associated with high ground rent and service charges, as well as the slow broadband speeds in the area.
Located in a community characterized by low crime and featuring a mix of schools with varying ratings, this property would suit families looking for a reputable neighborhood. Viewing is highly recommended—properties like this, with solid rental potential and modern living space, do not last long on the market!
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