Summary - 23, Maynard Road, Edgbaston B16 0PW
2 bed 1 bath Apartment
Ready-let two-bed flat with parking near hospital and shops.
Ground-floor two-bedroom flat, approx 539 sq ft
Sold with tenants in situ — immediate rental income potential
Open-plan kitchen/living; family bathroom
Allocated off-street parking space for one car
Long lease ~107 years; leasehold tenure
Annual service charge approx £2,100; ground rent c. £200
Cosmetic refresh likely required to maximise rent/value
Located near Metropolitan Hospital and local amenities; area is deprived
This ground-floor two-bedroom apartment on Maynard Road is offered with tenants in situ, making it a straightforward buy-to-let for investors seeking immediate rental income. The flat sits in a modern purpose-built block (built post-2007) and includes an allocated off-street parking space — a practical asset in this area.
Accommodation is practical: an open-plan kitchen/living area, two double bedrooms and a family bathroom across approximately 539 sq ft. The property has double glazing, gas central heating via boiler and radiators, and a secure communal entrance. Its proximity to local shops, bus routes and the Metropolitan Hospital supports steady tenant demand.
Key investment factors are clear: a long lease (about 107 years remaining) and low council tax band A. However, recurring costs are material — an annual service charge around £2,100 and a ground rent of about £200. The flat shows signs of cosmetic age and will benefit from a refresh to maximise rental value.
Note the wider context: the postcode sits in a deprived area with average crime levels, so tenant demand will likely be rental-led rather than owner-occupier premium. Prospective buyers should factor in refurbishment costs, confirm exact service charge arrangements, and check tenancy terms and rental yield before committing.
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