Summary - BROADWAY PLAZA, 18 96 FRANCIS ROAD EDGBASTON BIRMINGHAM B16 8SU
2 bed 1 bath Flat
Modern two-bedroom flat with parking — cash buyers or investors preferred.
Two double bedrooms and private balcony with city views
Allocated secure underground parking space included
Long lease remaining — approximately 102 years
EPC rating B (relatively energy efficient)
Service charge circa £2,528 per year
Ground rent £200 per year; leasehold tenure
Electric room heaters — likely higher running costs
High local crime and very deprived area may affect demand
Located in the Red Apartments at Broadway Plaza, this two-bedroom flat offers straightforward, low-maintenance city-centre living with strong rental appeal. The open-plan living/dining room opens onto a private balcony and benefits from plenty of natural light. Secure allocated underground parking and a gated entry add practical value in a central location near Five Ways and Birmingham city centre.
This property is best suited to cash buyers or investors seeking a ready-to-let apartment with a long lease (circa 102 years) and an EPC B rating. The modern fitted kitchen includes integrated appliances and both bedrooms are double-sized, helping to maximise rental demand from professionals and sharers. The mixed-use development provides on-site amenities and excellent transport links, supporting occupancy and short void periods.
Buyers should note material running costs and local context: annual service charge is approximately £2,528 and ground rent £200 per year. Heating is electric via room heaters, which may mean higher energy bills versus gas-heated properties. The immediate area records higher crime levels and is classed as very deprived, which may affect long-term capital growth and tenant profiles.
There is no upward chain and the flat is offered with secure entry and lift access, making it an easy purchase for investors who can fund the purchase in cash. Prospective purchasers should verify the working condition of all appliances and services and factor service charge and energy costs into yield calculations.
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