Compact, renovated home with a very long lease for first-time buyers or investors.
Immaculately modernised two-bedroom flat, ready to move in
This recently modernised two-bedroom flat sits within a Victorian terrace and offers a turnkey option for first-time buyers or investors seeking a low-maintenance purchase. The open-plan kitchen/living space, contemporary shower room and double-height ceiling in parts give a light, modern feel despite the compact overall size.
Practical positives include a very long 990-year lease, an EPC C rating, fast broadband and excellent mobile signal. The property is small (approx. 414 sq ft) and comes with on-street parking only; service charges run around £1,512.75 per annum.
Buyers should note the property is being sold via the Modern Method of Auction. That process requires a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 including VAT) and completion within 56 days of contract exchange. Conduct full due diligence and review the buyer information pack before bidding.
Location-wise, the flat is close to Kidderminster town centre, hospital and public transport, plus several well-rated primary and secondary schools. However, the immediate area is recorded as very deprived with very high crime levels, so factor local conditions into living or tenancy plans.
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