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House For Sale £125,000
Kings Road, Dudley, West Midlands DY3


Description
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent two bedroom end terrace is just 9 minutes from Dudley and 30 minutes from Birmingham city centre, enquire today to avoid disappointment.

This wonderful two bedroom mid terrace comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; fully fitted kitchen with all appliances included; second reception room; downstairs WC; staircase leading to the first of the double bedrooms with double glazed window; three piece family bathroom with shower over bath; second double bedroom with double glazed window. The property has on street parking, and a generously sized rear yard.

Kings Road is just 30 minutes from Birmingham city centre, making it ideal for commuters working in the city. Birmingham is Britain’s second largest city with a population of over 1 million and is one of the most youthful cities in Europe, with nearly 40% of its inhabitants aged under 25, ensuring that it is constantly at the forefront of culture, technology and business - which is very attractive to professionals looking for a cosmopolitan lifestyle outside the capital. Birmingham has some of the highest tenancy rates in the UK with almost a quarter of households in the city currently renting. It is also experiencing impressive population growth which is boosting the housing market year after year and according to Knight Frank, house prices are predicted to grow by 12.5% by 2022.

Birmingham has a vibrant nightlife and incredible transport links to the rest of the UK and the world, with Birmingham New Street train station being less than a 5 minute walk away and Birmingham Airport being a 25 minute drive away. It's no surprise that Birmingham is the most popular city destination for people leaving the capital!

Financial Breakdown

Gross rent: £6,300
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £6,300
Gross yield: 5.04%
Net yield: 5.04%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16019

Follow the link for more information:
        
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