Summary - Apartment 226 Landmark, Waterfront West, BRIERLEY HILL DY5 1LZ
1 bed 1 bath Apartment
Compact modern flat with tenant in situ, ideal for cash investors.
Floor-to-ceiling UPVC glazing provides excellent natural light
Open-plan living with integrated kitchen appliances and washer
Lift access, intercom entry and communal landscaped courtyard
Allocated permit parking included
114 years remaining on the lease (leasehold)
Annual service charge £2,394; ground rent £372
Sold for cash purchase only and comes with a sitting tenant
High local crime and very deprived neighbourhood — consider local risk
This second-floor waterfront apartment offers a compact, modern one-bedroom layout with strong natural light from floor-to-ceiling UPVC glazing. The open-plan living/kitchen is fitted with integrated appliances and wood-effect flooring, creating a low-maintenance home suited to renters or owners seeking waterside convenience.
The building provides practical communal features: lift access, intercom entry, a landscaped courtyard and allocated permit parking. The property has a 114-year lease remaining and is double-glazed throughout, supporting comfort and long-term ownership clarity.
Important transactional and running-cost facts: the sale is cash purchase only and the apartment is sold with a sitting tenant — an investor should allow for tenancy transfer and management. Annual service charge and ground rent are notable (£2,394 and £372 respectively), and heating is by low-tariff electric room heaters, so budget for electricity-based running costs.
Location strengths include waterfront setting, good natural light and nearby amenities and transport. Drawbacks to weigh: the neighbourhood records high crime and very high area deprivation, and the flat is small at about 485 sq ft, so expect modest capital-growth comparatives and a tenant-managed immediate rental income profile.
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