This is an investment opportunity to purchase an apartment in Dudley generating £6,840 rent pa & a gross yield of 7.8%.
Leasehold information:
- Length of lease: 250 years
- Year lease started: 2017
- Years left on lease: 245 years (from 2022)
- Service charge review period: Tbc
- Ground rent review period: Tbc
Property information:
- Located on the eighth floor
- The building was redeveloped in December 2018
- Open plan kitchen/living room
- Double bedroom
- Bathroom
- Extra storage room in the hallway
- Lifts to all floors
- Comes with allocated parking space
- Secure bicycle storage
- EPC rating D
- Council tax band: Tbc
- Monthly rental income £570
Location information:
- The property is located just south of Dudley town centre
- The town centre is a short walk from the property with all its amenities
- The nearest national railway station is Sandwell & Dudley, 3.6 miles away
- The nearest local railway station is Dudley Port, 2.2 miles away
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.