Compact two-bed investment with tenant and gated parking near Bilston town centre.
Sitting tenant in place; current rent £525 PCM (under review)
A compact two-bedroom first-floor apartment offered with a sitting tenant, suited to buy-to-let portfolios or investors seeking immediate rental income. The property comprises an open-plan living room and kitchen, two good-sized bedrooms and a bathroom with shower. Current rent achieved is £525 PCM and is presently under review.
Practical features include electric heating, double glazing, gated off-road parking and a small front garden. The long lease (125 years from 2007, c.107 years remaining) and EPC rating of C78 support lettability and medium-term security for a landlord or investor.
Buyers should note the home is modest in size (approx. 499 sq ft) and has a single bathroom. The location is in a very deprived area with a very high local crime rate, which may affect tenant demand and capital growth compared with quieter neighbourhoods. The apartment is sold with a sitting tenant, so vacant possession is not guaranteed on completion.
Overall, this is a straightforward investment opportunity: low-maintenance modern finishes, immediate income potential, and practical parking. Consider local market conditions and the property’s social profile when assessing long-term yield and exit strategy.
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