Chain-free, auction sale with allocated parking and long lease.
Open-plan living with waterfront canal views
A compact two-bedroom apartment on the first floor offering open-plan living and waterfront canal views — a straightforward purchase for cash buyers or investors. Converted from offices in 1990, the property has practical modern fittings including an integrated oven and hob, double glazing and allocated off-street parking. It is offered chain free and will be sold via secure online auction; vacant possession makes refurbishment or immediate letting possible.
There are clear running costs to note: an above-average annual service charge of £4,100 and a ground rent of £352 per year. Heating is by electric room heaters and the property uses electricity as its main fuel, which may be more expensive than gas alternatives. The building sits in an area described as very deprived with high recorded crime rates; buyers should factor local market conditions and tenant demand into their plans.
Leasehold tenure offers long-term security with 113 years remaining, but purchasers should check all legal pack details supplied for the auction. The location is convenient for Merry Hill shopping, local bars and restaurants, canal and countryside walks, and is around five minutes by car to Russells Hall Hospital — practical for professionals or commuters.
This apartment suits investors seeking a low-entry-price buy-to-let or buyers wanting a low-maintenance base with scope for cosmetic improvement. Be aware of service charges, electric heating costs and local area challenges when assessing value and rental potential.
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