Small, income‑producing two‑bed flat near Ventura Retail Park — ideal for investors..
Tenants in situ, generating immediate income (£525 pcm)
Leasehold with 101 years remaining
Ground rent £10 per annum; service charge unknown
Small overall size — about 526 sq ft
Medium flood risk — may affect insurance costs
Excellent access to Ventura Retail Park and transport links
Mid‑20th century brick block with communal entrance
Suitable for investors; vacant possession will require notice
A compact two-bedroom upper-floor flat in Fazeley presenting a straightforward buy-to-let opportunity. The property benefits from strong local demand thanks to close proximity to Ventura Retail Park, good road links (A5/M42) and Tamworth station, making it easy to let to commuters and retail workers.
Internally the apartment offers a roomy living area, a practical fitted kitchen and two well-proportioned bedrooms. The current tenant pays £525 pcm, providing immediate income for an investor. The building is a mid‑20th century brick block with communal access and a neat front lawn, reflecting low-expectation maintenance for communal areas.
Important facts for buyers: the flat is leasehold with 101 years remaining, ground rent is £10pa and the service charge is unspecified. The overall property footprint is small (approx. 526 sq ft) and the site is rated medium flood risk — both material for insurance and long-term planning. Tenants are in situ, so vacant possession would require notice and coordination.
This is a practical purchase for a landlord seeking immediate rental income and low-entry capital outlay. It’s best suited to investors comfortable managing a leasehold flat and accepting the small size and flood‑risk considerations. Routine cosmetic updating could lift rents and appeal, but major structural works are not indicated from the supplied information.