Initial price	£60,000
18/10/25	£50,000
Price Change	-16.67%

This modern one-bedroom studio flat is located in Redditch town centre, with a tenant currently in situ paying £550 per month, generating a potential yield of approximately 9.4%. The property features an open-plan living space with a fitted kitchen, double bedroom, and separate shower room. The flat is accessed via a secure intercom entry system and is available to cash buyers only due to its limited square footage, which may not meet standard mortgage lending criteria. The property is being sold on a leasehold basis with approximately 116 years remaining on the lease and an annual service charge of £1825.67. This is an excellent opportunity for landlord investors looking for a rental property with a strong potential return.