Chain-free one-bedroom maisonette with strong rental yield potential in Northfield..
- Chain free ground-floor one-bedroom maisonette
- Potential rental yield around 8%
- 101 years remaining on lease (125 years from 2001)
- Low annual service charge £343 and ground rent £10
- EPC rating C; mains gas boiler and radiators
- Shared rear garden; modest outdoor space
- Area: very deprived with high local crime levels
- Medium flood risk; interiors dated and need updating
A compact ground-floor one-bedroom maisonette offering straightforward buy-to-let potential in Northfield, B31. The property is chain free and sits on a long lease with 101 years remaining, making it an accessible purchase for investors seeking a hands-off entry. Current features include a double bedroom, living room with period fireplace, fitted kitchen, bathroom with shower-over-bath, and a shared rear garden.
Practical financials support the investment case: an indicated potential rental yield of around 8%, low annual service charge (£343) and minimal ground rent (£10). The building benefits from mains gas central heating, double glazing and an EPC C rating. Broadband speeds and mobile signal are reported as strong, which helps tenant appeal.
Buyers should be aware of material local and property-specific considerations. The area is classified as very deprived with higher-than-average crime levels and a medium flooding risk; these factors can affect tenant demand and insurance costs. Interiors retain dated mid-20th-century fittings and will need updating to maximise rent and resale value. The property is leasehold — purchasers should confirm lease terms and any management arrangements with their solicitor.
Overall, this is a compact, cost-effective rental opportunity for investors prepared to manage refurbishment and let in a tougher urban market. It suits those focused on yield and low overheads rather than immediate premium returns or a low-risk area profile.
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