Modern buy-to-let near Redditch town centre with tenants in situ.
Up to 8.5% potential rental yield advertised
A compact one-bedroom apartment in St Stephens House, positioned 200–250 metres from Redditch town centre and transport links. Finished to a modern specification with contemporary kitchen and bathroom fittings, laminate flooring and lift access, it’s designed for easy renting and low-turnover occupation. Tenants are in situ and advertised rental yields are up to 8.5%, making this primarily an investor opportunity.
Practical protections include a 10-year build warranty; the property is leasehold with a below-average service charge of £756. Broadband speeds in the area are reported as very slow, and the wider neighbourhood is classified as deprived with very high local crime rates — factors that will affect marketing, tenant choice and some operating costs.
This is a straightforward buy-to-let: close to shops, restaurants, and Redditch Railway Station for commuter demand to Birmingham. Prospective buyers should verify lease length, any additional leasehold fees, and commission independent surveys or rental appraisals. The property presents good yield potential but requires realistic assumptions about management, void risk and local amenity limitations.
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