Summary - The Minories, Dudley DY2 8PD
2 bed 1 bath Apartment
**Standout Features:**
- Two-bedroom upper floor apartment
- Secure intercom access and lifts
- Off-road parking and walking distance to Dudley Town Centre
- Currently tenanted, generating £675 per month
- Long lease remaining (244 years)
- Service charge: £1,850 annually, Ground rent: £250 annually
This well-maintained two-bedroom apartment, located in a robust multi-storey block, is an ideal investment opportunity. Situated conveniently near Dudley Town Centre, you will enjoy excellent travel links and a variety of local amenities, making it perfect for both renters and future home buyers. The open-plan lounge, dining, and kitchen area is bright and inviting, featuring integrated appliances and modern finishes. Both bedrooms benefit from ample natural light and cozy carpeting, while the bathroom is fitted with modern fixtures.
The property's long lease and affordable council tax add to its appeal, appealing especially to first-time investors. However, prospective buyers should be aware of the average service charge and the area’s high crime rate, which could affect future occupancy rates. With the possibility for renovations, this apartment not only offers current convenience and return on investment but also future potential for value addition. Don’t miss the chance to secure a property with a solid rental history in a highly sought-after locale.
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