Compact two-bedroom flat with tenant in situ and allocated parking — ideal for buy-to-let investors..
Allocated off-street parking included
Open-plan living room with fitted kitchen
Two bedrooms within 491 sq ft (small overall size)
Tenants currently in situ — sold with tenancy in place
Electric storage heaters; potentially higher energy costs
Medium flood risk recorded for the area
High local crime rate; area classified as deprived
Leasehold tenure — check lease length and charges
A compact two-bedroom first-floor flat in Oldbury offered with tenants in situ, making it suitable for buy-to-let investors seeking immediate rental income. The property sits in a modern brick development (built 2003–2006) and includes allocated off-street parking, double glazing and an open-plan living room with a fitted kitchen. Transport links including nearby train stations and the M5 are convenient for commuters.
Buyers should weigh clear location and management considerations: the wider area is classed as deprived with high local crime rates, and the site records a medium flooding risk. Heating relies on electric storage heaters, so energy running costs may be higher than gas alternatives. The flat is leasehold; potential purchasers should confirm remaining lease length and any service or ground rent charges.
At 491 sq ft this is a small home best suited to investors or first-time buyers comfortable with compact living. The property’s EPC C and very low council tax band A are positives, but the flat’s condition and any tenant arrangements should be inspected carefully before purchase. Overall, it’s a straightforward, low-entry-price opportunity with immediate rental potential and some location-related risks.