Summary - 242 CASTLE LANE SOLIHULL B92 8SN
1 bed 1 bath Flat
Compact first-floor apartment with strong rental yield and recent mechanical upgrades.
- First-floor one-bedroom apartment, approximately 472 sq ft
- New gas boiler and new electric consumer under warranty
- Double glazed throughout; mains gas heating with radiators
- Advertised rental yield c.7.92% — strong investor appeal
- Leasehold with 88 years remaining — verify mortgage eligibility
- Located in an area with deprivation indicators and hampered neighbourhoods
- On-street parking only; communal rear courtyard and balcony
- Mid-20th-century building; communal areas functional, not high-spec
A compact first-floor apartment offering accessible ownership or buy-to-let potential in a well-connected Solihull location. The flat benefits from recent practical upgrades — a new gas boiler and new electric consumer unit both under warranty, plus double glazing — so heating and insulation are improved and short-term major works are unlikely.
Internally the layout is straightforward: entrance hall with two storage cupboards, a living/dining room opening to a balcony, separate kitchen, a double bedroom with fitted wardrobes and a modern shower room. At about 472 sq ft this is a modestly sized home suited to single buyers or couples; the communal areas and mid-20th-century building are functional rather than high-spec.
Key investment drivers are the advertised c.7.9% rental yield potential, low council tax and excellent local transport links. Material factors to note: the property is leasehold with 88 years remaining, it sits in an area classified as deprived/hampered neighbourhoods, and parking is on-street. Prospective buyers should check lease terms and service charges, and assess long-term mortgage options given the lease length.
Overall this flat is a practical, low-maintenance step onto the ladder or an income-generating opportunity for investors who accept a compact apartment in a mid-century building and a neighbourhood with mixed socioeconomic indicators.
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