Summary - 71 Southgate Way DY1 3HN
2 bed 1 bath Apartment
Compact modern flat with parking, ideal for steady rental returns.
Let at £700pcm providing immediate rental income
A top-floor two-bedroom apartment presented in contemporary style, positioned within walking distance of Dudley town centre. The open-plan lounge/kitchen/diner and two well-proportioned bedrooms suit straightforward tenancies or a buy-to-let handover.
Currently let at £700pcm, the property provides immediate rental income and comes with one allocated off-street parking space. Constructed in the mid-2000s with double glazing and EPC rating C, the building presents typical modern-finished accommodation with electric storage heating.
Buyers should note the service charge (£1,604.12pa), ground rent (£150pa) and 101 years remaining on the lease. The area has above-average crime levels and is classed as deprived, which affects long-term capital upside; broadband speeds are average and mobile signal is excellent.
This is a compact apartment offering low-maintenance living and ready rental return. It will suit investors seeking immediate income and landlords comfortable managing tenancy in an urban, mixed community.
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