Summary - 4 GOUGH DRIVE TIPTON DY4 7AL
1 bed 1 bath Flat
Ready-made rental with a long lease and strong transport links.
Tenant in situ producing immediate rental income
A modern ground-floor one-bedroom apartment offered with a tenant in situ, providing immediate rental income in a popular development. The open-plan reception area and contemporary fitted kitchen create a practical living space, while the large double bedroom and modern bathroom offer comfortable accommodation for tenants or future occupants.
The property is leasehold with about 103 years remaining and measures approximately 513 sq ft. It has an EPC rating of C and benefits from council tax band A, but main heating is by electric room heaters which can increase running costs compared with gas-heated homes. Service charge is around £1,500 per year and ground rent is £150 annually.
Transport links are excellent, with easy access to Birmingham, Wolverhampton and Dudley, making this attractive to renters working around the West Midlands. The immediate area is classified as very deprived with a higher crime rate than average; this should be considered when assessing rental levels and tenant demand. Broadband speeds are average and mobile signal is excellent.
Overall, the flat suits investors seeking a low-management, income-producing asset with a long lease and straightforward layout. First-time buyers could also consider it if they accept leasehold costs and electric heating; viewing is recommended to assess condition and rental potential firsthand.
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