Affordable entry-level flat with period character and gated parking.
Share of freehold ownership included
Secure gated parking space on site
Paved communal front garden, low maintenance
Chain free — ready for immediate purchase
Approx. 9% potential rental yield for investors
Compact overall size — about 432 sq ft
Very high local crime and area deprivation noted
Council tax very cheap, running costs likely low
This ground-floor one-bedroom flat offers an affordable entry into homeownership in Lye. Bright living space and a double bedroom sit within a well-presented Victorian building, with double glazing and high ceilings that retain period character while feeling fresh and usable.
Practical perks include secure gated parking, a paved communal garden to the front, and a share of the freehold—rare at this price. The property is chain free and in excellent condition throughout, so minimal immediate work is required to move in or let out.
The location gives good transport links, fast broadband and excellent mobile signal, supporting both commuting and home-working. Council tax is very low, and the apartment’s compact size with a total of about 432 sq ft makes running costs modest.
Be honest about local context: the area records very high crime and is classed as very deprived, which may affect resale for some buyers. The flat’s small overall footprint limits space for growing households, but it also supports strong rental returns—around 9% potential—making it appealing for cautious first-time buyers seeking long-term value or buy-to-let investors.
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