Summary - Waterfront West, Brierley Hill DY5 1LZ
1 bed 1 bath Apartment
Income-ready apartment with allocated parking near major shopping and transport.
8.1% gross rental yield based on current income
Tenant in situ — immediate rental income for cash buyers only
356 sq ft one-bedroom apartment with balcony
Allocated off-street parking included
Leasehold tenure; additional lease pack fees possible
Electric storage/room heaters; electricity is main fuel
Located in a very deprived area with high local crime rates
Close to Merryhill shopping centre and local transport links
Set on the popular Waterfront West development, this one-bedroom apartment offers a strong gross yield of 8.1% and immediate rental income with a tenant in situ — a clear choice for cash investors seeking an income-ready buy. The apartment is compact (356 sq ft) but efficiently laid out with an open-plan kitchen/living area leading to a balcony, plus allocated off-street parking.
The interior is presented in a contemporary style with laminated floors in the living area, fitted kitchen appliances and double-glazed windows in the bedroom. Heating is by electric storage/room heaters and there is a boost button for faster hot water to the shower; main fuel is electricity. Communal facilities include fob entry, lifts and secure letterboxes.
Buyers should note the sale is leasehold and cash buyers only; additional leasehold fees or pack costs may apply. The property sits in a notably deprived area with high local crime statistics, which may affect tenant profile and long-term capital growth. Practical positives — allocated parking, strong rental yield and proximity to Merryhill shopping centre — make this a pragmatic purchase for investors prioritising immediate returns.
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