Chain-free, long lease one-bed with strong rental yield potential.
Chain-free ground-floor one-bedroom apartment with long 104-year lease
A well-presented, ground-floor one-bedroom apartment in Greenlands, offered chain-free with a long lease (104 years). The open-plan living area includes a modern fitted kitchen and Juliette balcony, creating a bright, low-maintenance home suited to first-time buyers or buy-to-let investors. EPC rating C and allocated off-street parking add practical appeal.
The property sits within easy reach of Redditch town centre, transport links and several schools rated Good or Outstanding, which supports tenant demand. St Augustine’s Catholic High School and Tudor Grange Academy are nearby, and local amenities including shops and leisure facilities are within walking distance.
Running costs and commitments are straightforward but material: an annual service charge of £1,429.50 and ground rent of £125; council tax Band B (described as cheap). The area shows signs of deprivation and average local crime figures, which may affect long-term capital growth compared with stronger neighbourhoods.
For investors the advertised rental potential of £750pcm equates to a gross yield around 7.7% at the asking price, making this an attractive short-term income opportunity. Buyers should confirm figures and carry out their own inspections and legal checks prior to purchase.
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