Cash-only one-bedroom maisonette with garden — ideal for refurbishment investors..
- One double bedroom with separate kitchen and garden
- Requires full renovation; interior and exterior maintenance needed
- Cash buyers only; not mortgage-friendly as marketed
- Leasehold with ~91 years remaining (check legal pack)
- Low service charge and ground rent reported
- Fast broadband and excellent mobile signal
- Good transport links; M42/M40/M5 and local bus routes
- Area classified as deprived; consider rental demand risks
This one-bedroom first-floor maisonette on Nearhill Road is a compact renovation opportunity aimed at cash buyers and investors. The property offers a double bedroom, separate kitchen, and a private garden — useful for tenant appeal or resale value once modernised.
The flat requires renovation throughout; interiors are dated and the building exterior needs upkeep. The 91-year lease (approximately) and leasehold tenure are workable but narrower than typical mortgage-friendly thresholds, and the sale is marketed for cash buyers only. Service charges and ground rent are described as relatively low, which supports running costs.
Location strengths include fast broadband, excellent mobile signal, good road links (M42, M40, M5 nearby) and local amenities including shops, a new Aldi, healthcare and several well-rated primary and secondary schools. However, the wider area is classified as deprived with ageing urban communities and average local crime — factors investors should weigh for rental demand and pricing.
Overall this maisonette suits a buyer prepared to carry out refurbishment to unlock value: a straightforward cosmetic and systems update could transform the space for resale or stable rental income. Note: offered as leasehold with about 91 years remaining and cash purchase required.
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