Summary - 37 The Purple Apartments, Broadway Plaza, 219 Ladywood Middleway B16 8EQ
1 bed 1 bath Flat
Buy-to-let near Brindley Place with rooftop terrace and parking.
- One double bedroom with built-in wardrobe and modern bathroom
- Private off-street parking space included
- Access to large communal rooftop terrace
- 105 years remaining on the lease (approx.)
- Service charge ~£2,600 per year; ground rent ~£200
- Electric room heaters (no central heating) — higher running costs possible
- Central location near Brindley Place, Broad Street and Mailbox
- Area classed very deprived with higher local crime levels
A compact, modern one-bedroom flat in Broadway Plaza, positioned for short walks to Brindley Place, Broad Street and the Mailbox. The apartment includes a private off-street parking space and access to a spacious rooftop terrace, giving a valuable outdoor amenity in a built-up city setting. With double glazing and contemporary finishes from a 2003–2006 build, the flat presents as a straightforward let-ready unit.
This property will appeal primarily to investors seeking central-city rental income. The flat has a 105-year lease remaining and sits within a mixed-use complex with strong footfall from nearby leisure, retail and dining amenities. Broadband and mobile signal are both strong, supporting demand from professionals and short-term renters.
There are material costs and location considerations to note. Service charges average around £2,600 per year and ground rent is about £200 annually. Heating is by electric room heaters rather than a central system, which can affect running costs for tenants. The immediate area records higher crime levels and is classed as very deprived; that can influence rental yields and tenant sourcing.
Overall, this is a practical city-centre investment with useful extras — parking and roof terrace — but it should be priced and managed with the service charge, electric heating and local area profile in mind. Cash purchasers or investors experienced in inner-city lettings will find the layout and location advantageous.
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