Summary - METROPOLITAN LOFTS FLAT P6 PARSONS STREET DUDLEY DY1 1JE
2 bed 1 bath Penthouse
Affordable two-bedroom penthouse a short walk from Dudley town centre.
Penthouse on third floor with lift access and private balcony
Open-plan lounge/kitchen; two bedrooms, one bathroom (c. 689 sqft)
Double glazing, security entrance doors, fast broadband and mobile signal
Electric storage heating only; no gas central heating present
Leasehold with 101 years remaining; ground rent £250pa
Service charge approximately £3,152pa — factor into running costs
Sold via Modern Auction: undisclosed reserve, 4.5% reservation fee (min £6,600)
Local area: very deprived with above-average crime — affects demand
This third-floor penthouse offers an affordable route into Dudley town centre living with lift access, a private balcony and open-plan living. The flat is compact (approximately 689 sq ft) with two bedrooms, a family bathroom and electric storage heating—simple, low-maintenance features suited to a first-time buyer or a buy-to-let investor.
Be aware this sale is via Modern Auction. Bids are subject to an undisclosed reserve and a non-refundable Reservation Fee of 4.5% (minimum £6,600) plus buyer fees and an information pack charge. The leasehold property carries a service charge of about £3,152pa and ground rent £250pa; factor these into running costs.
The building benefits from security entrance doors, double glazing and fast broadband/mobile signal, and it sits within easy walking distance of Dudley town centre and local amenities. Practical downsides include electric storage heating (no gas), above-average local crime statistics, and the surrounding area being classified as very deprived, which can affect rental demand and resale values.
For investors the flat’s size and location can work as a straightforward rental with low council tax (Band A). For first-time buyers this is a low-entry option but not a move-in-cost-free purchase—carry out due diligence, check the buyer information pack, and budget for the reservation fee and ongoing leasehold charges before bidding.
1 bedroom flat for sale in Parsons Street, Dudley,, DY1 — £75,000 • 1 bed • 1 bath • 689 ft²
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