Summary - 80 MANORHOUSE CLOSE WALSALL WS1 4PB
2 bed 1 bath Apartment
Let tenant in place, ready for immediate rental income and management.
Second-floor two-bedroom apartment with open-plan living and kitchen
A practical two-bedroom second-floor apartment with an open-plan living area and allocated off-street parking. Currently let to tenants, it offers immediate rental income and straightforward management for a buy-to-let portfolio.
The building is modern (constructed post-2007) with double glazing, gas central heating and a long lease (106 years remaining). Local transport links, schools rated Good to Outstanding, and nearby amenities support rental demand in this urban location.
Buyers should note material negatives: the area records high crime and very high deprivation, there is medium flood risk, and the living room ceiling shows signs of mold and requires maintenance. Ongoing costs include an average annual service charge of £1,126 and ground rent of £150.
This property suits investors seeking an entry-level holding with immediate cashflow and potential to increase value through light remedial work and active management. It is less suitable for owner-occupiers seeking a low-crime, low-risk neighbourhood.
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