Compact two-bed flat near Lower Green — renovation project for cash buyers or investors..
Allocated off-street parking space included
Shared rear garden
Requires full modernisation throughout
Small overall size — 473 sq ft
Only 57 years left on the lease — lenders may refuse
Cash buyers likely required unless lease extended
Very low council tax and modest £75 ground rent
Excellent mobile signal and fast broadband
This first-floor two-bedroom apartment in Tettenhall offers a compact, affordable purchase close to Lower Green and local amenities. The layout includes an entrance hall, lounge, kitchen, double and single bedrooms, inner hall and shower room, plus an allocated parking space and shared rear garden. Broadband and mobile signal are strong, and local schools and shops are within easy reach.
The flat requires full modernisation: the kitchen and general decor are dated, carpets and fixtures need updating, and the property is best suited to a buyer prepared to renovate. At 473 sq ft it’s small but workable for a professional couple, downsizer or investor aiming to add value.
Important: there are only 57 years remaining on the lease. Many mortgage lenders refuse to lend with under around 70–80 years remaining, so the sale is realistically for cash buyers unless a lease extension is arranged. Ground rent is modest at £75 but the short lease could affect resale and mortgageability.
This is a clear value opportunity for a cash buyer or investor who can carry out improvements and, if desired, pursue a lease extension. Its location in an affluent, well-served area with low crime and easy access to schools and green space adds long-term appeal despite the immediate renovation and lease issues.