Buy-to-let with tenant in place near Merry Hill shopping and transport links.
Two-bedroom top-floor penthouse with 823 sq ft living space
This top-floor two-bedroom penthouse at Waterfront West is offered as a buy-to-let with a tenant in situ — a straightforward addition to a rental portfolio. The apartment’s open-plan lounge/kitchen/diner and floor-to-ceiling windows create bright living space that appeals to professionals and couples. Allocated off-street parking and canal-side setting add practical and lifestyle appeal for tenants.
Practical details suit a hands-off investor: the 823 sq ft apartment is on the fourth floor with no flood risk and good transport links to Merry Hill, Stourbridge and Birmingham. The fitted kitchen includes an electric hob, oven and fridge/freezer. Maintenance needs appear standard for a modern development, though purchasers should verify building/management and leasehold terms.
Considerations for returns and management: heating is by electric room heaters, which can mean higher running costs and may affect tenant utility expectations. The property sits in an area with higher crime levels and significant local deprivation, which can influence rental demand, void risk and insurance costs. The sale is leasehold and will be completed with the existing tenant in place — check tenancy terms and ground rent/ service charge obligations before purchase.