Summary - Cascade Way, DUDLEY, DY2 8RJ DY2 8RJ
2 bed 1 bath Apartment
Two-bedroom first-floor apartment, open-plan lounge/diner
A compact, modern two-bedroom first-floor apartment offered with a tenant in situ, currently producing £740 pcm. The open-plan lounge/diner with a Juliette balcony and contemporary fitted kitchen with integrated appliances make the flat easy to let and low-maintenance for a landlord.
The property includes an allocated parking space, secure communal grounds and a secure cycle/bin store. At approximately 501 sq ft it is small but efficiently laid out; boiler and radiators provide gas central heating. Service charge and ground rent are notable ownership costs: about £1,546 pa service charge and £250 pa ground rent.
There is contradictory lease information on file: a flagged concern states only 17 years remaining (which can cause mortgage refusals), while the material section records 116 years remaining. Prospective buyers and mortgage lenders should verify the exact remaining term at title stage. The apartment sits in a major conurbation with very high recorded crime and wider area deprivation, factors that may affect long-term capital growth and tenant pool.
For investors seeking immediate rental return this presents a ready-made letting with decent income and low running requirements. For owner-occupiers or buyers needing mortgage finance, confirm lease length and lender acceptability before proceeding.
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