Summary - Farnborough Road, Birmingham B35 7NR
3 bed 1 bath End of Terrace
Cash-only refurbishment opportunity with parking and gardens, short lease.
- Lease approximately 48 years remaining; cash buyers only
A three-bedroom end-of-terrace on Farnborough Road offering straightforward refurbishment potential and immediate off-street parking. The house includes a lounge, separate dining room, fitted kitchen, upstairs bathroom and front and rear gardens — useful for lettings or a cash purchase renovation. The property is modest in size (approximately 629 sq ft) and built in the late 1960s/early 1970s with basic double glazing and gas central heating.
Important practical points are clear: the lease has under five decades remaining (advertised as 48 years), so this sale is for cash buyers only. Most mortgage lenders will refuse to lend on a lease this short, and additional costs (lease packs, possible lease extension) are likely if you intend to secure longer tenure. The area is described as very deprived with higher crime levels and very slow broadband — factors that will affect resale value and rental demand.
For investors or experienced renovators this property can work as a short-term value play: low purchase price, off-street rear parking, and three small bedrooms suited to family or multi-tenant lettings. However, expect internal updating (dated decor, wear and tear), verification of services, and potential costs if pursuing a lease extension. Buyers should budget for refurbishment, commission a survey, and factor ongoing local area challenges into yield and exit plans.
This listing is most suitable for a cash buyer who understands leasehold limitations and the local market realities. It presents clear scope to add value but comes with material tenure and neighbourhood drawbacks that must be accepted before viewing.
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