Compact first-floor flat ideal for investors or commuters near transport links.
Entry-level price £75,000
A low-cost, centrally located first-floor apartment offered at an entry-level price and suitable for buy-to-let or a first purchase. The open-plan living room/kitchen maximises usable space for a compact 393 sq ft layout, and the large double bedroom provides practical accommodation for a single occupant or couple. The property can be sold with tenants in situ, making it ready for immediate rental income.
The flat is in the heart of Redditch with excellent mobile signal and immediate access to town centre amenities, public transport and the M42. Running costs are influenced by electric room heaters and an electric cooking hob/oven; the EPC rating is D. Broadband speeds are very slow in the area, which may affect working-from-home tenants or residents who need reliable internet.
Notable concerns are factual: this is a leasehold apartment in a deprived area with very high local crime levels. The small overall size limits storage and living-space layout options. Heating is by room heaters rather than a mains central heating system, which could increase running costs and may prompt some buyers to consider upgrades. Buyers should verify lease length, service charges and any tenant arrangements before purchase.
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