Summary - 241 High Street, Kingswinford DY6 8BJ
1 bed 1 bath Apartment
Low‑maintenance investment with immediate rental income and parking nearby.
Tenant in situ paying £650 pcm, immediate rental income
Allocated off‑street parking and lift access to second floor
Compact one‑bed layout, approximately 332 sq ft
Lease long term — c.128 years remaining
Service charge around £1,200 per year
Ground rent £300 per year
Economical low‑tariff electric heating and UPVC glazing
Small size limits appeal to families, best for single/couple tenants
A compact one‑bedroom leasehold apartment on the second floor, offered with a qualified lease and an assured tenant paying £650 pcm. The open-plan living space houses a modern fitted kitchen and lounge with UPVC double glazing and low‑tariff electric heating, creating an economical, low‑maintenance rental unit. Allocated off‑street parking and lift access add convenience for residents and renters.
The property sits in a larger multi‑storey block in central Kingswinford, close to village amenities, parkland and regular public transport. The building’s communal layout and nearby services suit older residents or tenants seeking easy access to local facilities. Council tax is described as very cheap, improving net yield prospects for a buy‑to‑let purchaser.
Key considerations include an annual service charge of approximately £1,200 and ground rent of £300, which reduce net income. The flat is small (circa 332 sq ft) and best suited to single occupants or couples. The lease has substantial term remaining (about 128 years), giving long‑term security for buyers, but purchasers should confirm all lease terms and service charge arrangements.
Overall this apartment offers a straightforward investment purchase with immediate rental income and limited maintenance needs. It will particularly appeal to investors seeking a high‑yield, low‑upkeep property in a well‑connected town centre location, though viewings are recommended to assess exact condition and tenant arrangements.
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