Summary - 12, Warren Close, TIPTON DY4 9PG
2 bed 1 bath Maisonette
Compact two-bedroom leasehold maisonette — cash buyers only due to short lease..
Cash buyers only — 49 years remaining on lease; lenders likely to refuse mortgages
Private rear garden with direct access from lounge
Off-street parking to the front; private entrance door
Ground-floor two-bedroom layout; compact overall size (456 sq ft)
No upward chain — faster completion possible
Area factors: high local crime and very deprived neighbourhood
Older 1967–75 construction; may need updating and ongoing maintenance
Council tax very low, helping running costs
This compact ground-floor two-bedroom maisonette offers a straightforward purchase for cash buyers seeking a low-entry investment or a project starter. The flat benefits from a private rear garden, off-street parking to the front and a private entrance — practical assets for lettings or resale after improvement.
Important practical constraints are clear: the property is leasehold with only 49 years remaining. Many mortgage lenders refuse to lend on short leases, so this sale is suitable only for cash buyers or those prepared to arrange a costly lease extension. There is no upward chain, which can speed completion, but buyers should budget for potential additional leasehold paperwork and fees.
Internally the layout is traditional and useable: lounge with garden access, fitted kitchen, two modest bedrooms and a shower room. The building dates from the late 1960s/early 1970s and shows mid‑century construction — expect typical maintenance and possible updating, especially if targeting higher rental income or resale value.
Location and area factors are material. The postcode sits in a very deprived neighbourhood with high local crime statistics and hampered aspiration profiles; this will affect long-term capital growth and tenant demand. Conversely, local amenities, good mobile/broadband and nearby schools provide practical convenience for some buyers. Buyers should carry out full checks on lease terms, local services and any costs to extend the lease before committing.
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