Summary - Waterfront West, Brierley Hill DY5 1LY
2 bed 1 bath Apartment
Compact ground-floor apartment near Merry Hill — strong rental potential for investors.
- Ground-floor two-bedroom apartment, about 502 sq ft
- Open-plan lounge/kitchen with floor-to-ceiling glazing
- Close to Merry Hill shopping centre and public transport
- Offered by modern auction; 56-day completion required
- Non-refundable reservation fee 4.5% (min £6,600) plus buyer fees
- Leasehold; full lease/service-charge details not yet available
- Electric storage heating — potentially higher energy costs
- Local area: high crime and very deprived, affects resale/rentability
A ground-floor two-bedroom apartment on Brierley Hill’s Waterfront, offered through a modern auction route and presented with a contemporary interior. The open-plan lounge/kitchen benefits from floor-to-ceiling glazing and integrated appliances, while both double bedrooms are spacious for the overall footprint. At about 502 sq ft this is a compact home with practical layout suited to rental or first-step buyers.
The property’s strongest commercial signal is its location: immediate access to Merry Hill shopping centre, good public transport links and fast broadband make it attractive for tenants. The sale is aimed at buyers comfortable with auction terms — a 56-day completion, a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and additional buyer fees apply. Leasehold details are still being compiled and should be checked before bidding.
Running costs and local context are important: heating is by electric storage heaters and the building’s main fuel is electricity, which can mean higher energy costs compared with gas-heated homes. The neighbourhood scores high for crime and is described as very deprived; these factors affect resale and lettability and should be weighed against the likely rental yield. Council tax is very low, which is a modest benefit to occupiers.
This is a practical investment or starter-home purchase with clear upside if you seek rental income near a major retail hub. Carrying out full due diligence on the lease, service charges, and the buyer information pack is essential before committing to an offer or auction bid.
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