Summary - KENDAL COURT, 2 FLAT 23 LAKESIDE WALK BIRMINGHAM B23 7YS
2 bed 1 bath Apartment
Two-bedroom leasehold flat with long lease and sitting tenant — auction sale, immediate income potential.
Long 957-year lease and £0 ground rent
Sitting tenant on rolling contract — current rent £600pcm
Service charge £1,550pa; factor into net yield
Sold via modern auction — buyer reservation fee applies
Approx 625 sq ft; practical two-bedroom layout
Electric storage heaters; may need heating upgrade
Communal gardens and off-street parking included
Auction sale — undisclosed reserve; complete due diligence
Offered via modern auction, this two-bedroom apartment in Kendal Court is a clear buy-to-let opportunity with a long lease (957 years) and no ground rent. The flat occupies an average-sized footprint (approx. 625 sq ft) with a lounge, kitchen, bathroom and two bedrooms, set within mid‑century block grounds that include communal gardens and off-street parking. A sitting tenant on a rolling contract currently pays £600 pcm, providing immediate income for a purchaser prepared to take the tenancy as-is.
Key value points include the very long lease and the zero ground rent, which reduce medium‑term ownership costs and appeal to investors and first‑time buyers seeking security of tenure. The block benefits from double glazing and lawns around the building; local amenities and several well-rated schools are within reach of the B23 location.
Important transaction and maintenance facts are straightforward: the property is sold by auction (Modern Method) with an undisclosed reserve, buyer fees apply and a non‑refundable reservation fee (4.5% of the purchase price, minimum £6,600) must be paid on exchange. The service charge is £1,550 per year; main heating is via electric storage heaters and some internal updating may be needed to maximise rental value or personal comfort.
This apartment suits an investor seeking immediate rental income and long lease security or a cash/mortgage buyer happy to proceed through auction. Carrying costs and auction fees should be factored into purchase calculations, and buyers are advised to review the auction buyer pack and carry out their own due diligence before bidding.
2 bedroom flat for sale in Gospel Farm Road, Birmingham, West Midlands, B27 — £90,000 • 2 bed • 1 bath • 713 ft²
1 bedroom flat for sale in Swan Gardens, Birmingham, B23 — £60,000 • 1 bed • 1 bath • 410 ft²
2 bedroom apartment for sale in Monkspath Hall Road, Solihull, B91 — £220,000 • 2 bed • 1 bath • 484 ft²
2 bedroom apartment for sale in Horseshoe Crescent, Great Barr, B43 — £150,000 • 2 bed • 1 bath • 586 ft²
1 bedroom flat for sale in Mayfield Road, Handsworth, Birmingham, B19 — £85,000 • 1 bed • 1 bath • 517 ft²
2 bedroom apartment for sale in St. Francis Drive, Birmingham, West Midlands, B30 — £150,000 • 2 bed • 1 bath • 511 ft²
