A superb opportunity to own a great priced investment property on the edge of Dudley town centre.
This ground floor two bedroom one bathroom apartment is currently tenanted at £675.00pcm.Boasting two bedrooms both carpeted and having double glazed windows with blinds letting lots of natural light inside, a good sized living room diner, a good sized bathroom with shower. This property comes with one parking space.
The local area is going through a huge redevelopment plan and in the next couple of years the new tram system will be installed with a tram stop outside the development giving easy access to Birmingham City Centre.
Gross rental yield 9%
There is 245 years left on the lease.
The ground rent is £250 per year.
Service charge is £1079.91 per year.
No upward chain, investors only.