Chain-free two-bed apartment with balcony, allocated parking and strong rental yield.
Chain-free, first-floor balcony apartment
This chain-free, first-floor balcony apartment in Plover House offers straightforward, modern living across an open-plan lounge/kitchen and two double bedrooms. The master bedroom includes an en-suite; a second shower room serves the apartment. The layout and large French doors make the space light and airy.
There are clear investment strengths: allocated off-street parking, a new Worcester boiler installed January 2024, an EPC C rating and a stated rental yield around 8% ROI. The lease is extremely long (982 years) which removes a common leasehold concern for purchasers. Service charge and ground rent are modest for a managed block: approx. £1,400pa service charge and £150pa ground rent.
Buyers should note material local factors: the wider area is classified as very deprived with above-average crime levels, which may affect owner-occupier amenity and some buyers’ resale prospects. The flat is average in size (approx. 624 sq ft) and suits couples, first-time buyers or buy-to-let investors rather than buyers seeking large family accommodation. Overall, this is a practical, low-maintenance modern flat with clear rental potential but set in an area with social and safety challenges buyers should weigh up.