Long lease, tenant in situ — immediate rental potential in a well-connected location.
One-bedroom first-floor flat with private off-street parking
980 years remaining on lease — long-term security
Sold with tenant in situ — immediate rental income
Annual service charge £1,400.66; ground rent £100
Total size approx 469 sq ft; generous room proportions
Higher local crime rate and significant area deprivation
This one-bedroom first-floor flat in Elmhurst Court offers a straightforward rental or starter-home option with long lease security and a private parking space. The layout includes a fitted kitchen, spacious living room and a bathroom — room sizes are generous for the overall 469 sq ft footprint.
The property is sold with no upward chain and a tenant in situ, making it an immediate income opportunity for investors. Lease details are favourable with approximately 980 years remaining; annual costs include a service charge of £1,400.66 and a small ground rent of £100.
Location gives easy access to shops, schools and commuter routes to Birmingham and Wolverhampton, plus local tram and bus services. Practical considerations: the surrounding area records higher crime and significant deprivation, broadband speeds are average, and the building carries a mid-range service charge.
Overall this is a pragmatic buy for investors seeking a let-ready flat or for first-time buyers comfortable with a leased, tenanted investment in a well-connected but challenged neighbourhood. Viewings and the virtual tour are recommended to assess condition and rental return potential.
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