Ground floor two-bed flat with long lease and no upward chain ideal for first-time buyers or investors.
- Ground-floor two-bedroom apartment, c.549 sq ft
- Long lease (105 years) and no upward chain
- Modern fitted kitchen and double glazing
- Electric room heaters; no central heating system
- Service charge approx £1,600 per year; ground rent £75
- Very slow broadband locally; excellent mobile signal
- Located in a high-crime, very deprived area
- Affordable price, suitable for first-time buyers or investors
Set on the ground floor of a modern residential complex, this two-bedroom flat offers an affordable entry into Handsworth with a long lease of 105 years and no upward chain. At about 549 sq ft the apartment suits a first-time buyer or investor seeking a straightforward purchase with rental potential in a well-connected neighbourhood.
The accommodation includes a reception hall, lounge, two good-sized bedrooms, a fitted dining kitchen and a main bathroom. The kitchen is modern with integrated appliances and the building benefits from double glazing installed post-2002. Council tax is very low, and mobile signal is excellent.
Buyers should note practical drawbacks: the flat is small and uses electric room heaters rather than a central heating system, broadband speeds in the area are very slow, and the surrounding area records high crime levels and high overall deprivation. Service charges average around £1,600 per year and ground rent is approximately £75 annually.
For an investor this property’s size and popular location present rental prospects; for a first-time buyer it offers an affordable, ready-to-live-in home with some scope for cosmetic improvement. A viewing will quickly show whether the balance of low purchase price and the maintenance and location considerations fit your requirements.