Summary - Tameway Plaza Bridge Street, Walsall WS1 1JL
2 bed 1 bath Apartment
Recently renovated 2-bed ninth-floor flat with parking — strong rental potential..
9th-floor two-bedroom apartment with lift and allocated off-street parking
Recently renovated interior; open-plan kitchen/living layout
Leasehold: c.114 years remaining — service charge ~£1,500 pa
Ground rent £250 pa; communal maintenance shared via service charge
Electric heating via room heaters — no central gas heating
Central town‑centre address with fast broadband and excellent mobile signal
Area classified as very deprived with very high local crime levels
Modest internal footprint; limited scope for physical extension
This ninth-floor, two-bedroom apartment in Tameway Plaza offers a compact, recently renovated city-centre flat with clear rental appeal. The open-plan kitchen/living area, contemporary fixtures and allocated off-street parking make it immediately lettable to single professionals or couples seeking town-centre convenience.
The property is leasehold with c.114 years remaining, a service charge of about £1,500 pa and a small ground rent of £250 pa. Heating is by electric room heaters and the building is concrete-framed mid‑20th‑century plaza architecture — straightforward to maintain but with communal costs and refurbishment responsibilities shared through the service charge.
Location drives value: direct street frontage on Bridge Street places shops, transport links and amenities on the doorstep, and broadband/mobile connectivity is strong. However, the immediate area is classified as very deprived with very high local crime statistics; prospective buyers should weigh security and letting risk carefully and satisfy themselves via local checks and a survey.
This unit suits buy‑to‑let investors or first-time buyers prioritising low purchase price and a central address rather than long-term capital uplift from redevelopment. The flat is cosmetically ready to occupy or let, but limited scope exists for physical extension — value will be driven by rental yield, management of service costs, and neighbourhood trends.
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