2 bed flat for sale

The Heights, Walsall Road, West Bromwich, West Midlands, UK B71

Description

Investment Apartment for Sale - West Bromwich
The Heights, Walsall Road, B71 3AZ
Asking Price: £125,000
Property Overview

Tenure: Leasehold
Lease Term: 125 years from 1 January 2014 (expires 31 December 2139)
Property Type: Purpose-built residential apartment
Bedrooms: 2
EPC Rating: B

Prop Home is pleased to present this well-located two-bedroom apartment within a popular and modern development on Walsall Road, West Bromwich. The property benefits from strong ongoing tenant demand, excellent transport connectivity, and close proximity to local amenities - making it a compelling buy-to-let investment with immediate income in place.

Investment Details

Current Rent: £650 per calendar month, with ability to increase by a further £200 a month.
Annual Income: £7,800
Service Charge: £1,960 per annum
Ground Rent: £410.76 per annum

Yield Breakdown

This property offers a rare opportunity to acquire a high-yielding asset at an accessible entry price, with rental income established from day one.

Why Invest with Prop Home

Immediate rental income with no initial void period
Long lease term ensuring mortgageability and long-term security
Competitive asking price within an established rental location
Suitable for both first-time and experienced property investors

This apartment is ideally suited to investors seeking reliable cash flow, predictable running costs, and long-term capital stability.

Location & Demand

West Bromwich continues to benefit from sustained regeneration and excellent connectivity across the West Midlands. Positioned on Walsall Road, the property enjoys direct access to major commuter routes, public transport links, employment hubs, and retail centres. The area remains popular with professional tenants and working households, helping to underpin consistent rental demand and minimise void periods.

Why Buy Through Prop Home

At Prop Home, we focus on sourcing quality investment opportunities backed by realistic figures and transparent advice. Whether you're expanding an existing portfolio or purchasing your first buy-to-let, our team provides clear guidance from enquiry through to completion.

📞 Contact Prop Home today to arrange a viewing or to receive further investment details.

Council Tax Band: B (Sandwell Council)
Tenure: Leasehold
Ground Rent: £410.76 per year (reviewed every 10 years)
Service Charge: £1,960.82 per year (reviewed every 10 years)