Summary - Lichfield Road, Willenhall, West Midlands, WV12 WV12 5AB
2 bed 1 bath Flat
Sitting tenant and allocated parking ideal for buy-to-let investors.
Two-bedroom upper-floor flat with open-plan living and balconette
A modern upper-floor two-bedroom flat built in the mid-2000s, offered with a sitting tenant and immediate rental income potential. The open-plan living area and balconette give the apartment a light, contemporary feel, while allocated off-street parking is a practical bonus in a built-up location. The property benefits from double glazing and a long lease of 122 years.
This is a pragmatic purchase for an investor seeking a let property: the sitting tenant provides continuity, and the block’s recent construction means fewer immediate major works are likely. The service charge is stated at £1,234 (average) with a small annual ground rent of £200 — factor these into projected yields. Broadband is average while mobile signal is excellent, useful for attracting tenants.
Buyers should note material drawbacks plainly. The flat uses electric room heaters rather than central heating, which can increase running costs for tenants. The local area is classified as very deprived with high crime levels; this may affect tenant turnover and rental values. Council tax banding is unknown, so allow for that variable when assessing total costs.
Overall this is a straightforward, modern leasehold flat with secure parking and tenant income in place. It suits investors prioritising immediate cashflow and low initial maintenance, provided they accept the local-area challenges and electric heating arrangement.
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