Summary - 72 TIDBURY CLOSE REDDITCH B97 5LW
1 bed 1 bath Studio
**Key Features:**
- Modern first-floor studio apartment
- Located in the sought-after Walkwood area
- Separate modern fitted kitchen and shower room
- Lounge/Bedroom combo, ideal for studio living
- Allocated off-street parking space
- Current rental income of £600/month, with potential up to £650/month
- No upward chain
**Property Summary:**
Ideal for investors seeking a hassle-free rental opportunity, this modern studio apartment is located in the desirable Walkwood neighborhood of Redditch. Recently refurbished, it features a contemporary fitted kitchen and a functional shower room, making it an attractive option for tenants. The current tenant, in a fixed-term agreement until August 2025, contributes £600 per month, with potential rental increase options available.
This apartment offers off-street parking and benefits from a communal garden, providing a serene outdoor space. With very low crime rates and excellent broadband speeds, this area caters well to aspiring urban households and families. However, it is important to note that the property is leasehold with only 56 years remaining on the lease, which may pose challenges for mortgage acquisition. Therefore, cash buyers only are encouraged. Council tax is affordably low (Band A), and ground rent is just £36 per year.
Seize the chance to add this delightful investment to your portfolio, situated in a flourishing community with good nearby schools and excellent amenities, but act quickly—properties like this don’t stay on the market long!
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