As Birmingham's housing demand reaches unprecedented levels, a rare and affordable opportunity has emerged for those struggling to get onto the property ladder. A well-presented ground floor maisonette, priced at just £90,000, is being marketed as an ideal purchase for first-time buyers or a shrewd investment for property investors.
A Peaceful Perry Barr Location
The property is situated on Chapelwood Grove in Perry Barr, a location described as a quiet, residential cul-de-sac. This one-bedroom home boasts a double bedroom, a kitchen, a bathroom, and a spacious living area, offering a comfortable and manageable living space.
Rightmove highlights the maisonette's peaceful setting alongside its excellent transport links, a significant advantage for commuters. The property has been on the market since May 2025, presenting a sustained opportunity for potential buyers.
An Attractive Financial Proposition
The financial details make this property particularly compelling. It comes with a long-standing tenant already in place, who is currently paying £600 per month in rent. This figure is notably below the Birmingham average of £1,070, indicating immediate rental income for an investor or the potential for a rent increase.
For those looking to move in, the listing confirms that vacant possession is available upon completion of the sale. The associated costs are also clearly laid out: the service charge is approximately £340 per year, the ground rent is a minimal £10 per year, and the council tax is set at £1,497 annually.
Built for Opportunity
Built in the 1950s or 1960s, this maisonette represents a solid entry point into the Birmingham property market. The sales pitch from agent Yopa emphasises the excellent balance of affordability, long lease terms, and potential rental yield.
They describe it as a "turnkey buy-to-let investment" due to the existing tenant, who is reportedly happy to stay. This combination of low entry cost, existing rental income, and the option for personal occupancy creates a versatile proposition in a city where affordable housing is increasingly hard to find.
