2 bed Flat For Sale £120,000
Calling all INVESTORS, CASH BUY ONLY! Prop Home is offering the amazing opportunity to purchase this Lovely presented 2 Bedroom Apartment in the Stone Cross area within West Bromwich, Birmingham idea for commuters.
Comprising of Communal Grounds with Secure Entrance, Allocated Parking for all residents, visitors parking area and lift access to all floors.
The apartment itself a Two Double Bedrooms, a spacious open plan newly fitted Kitchen/Diner/Lounge with a mixture of High Glossy Modern wall and base units with complimentary Worktop with modern finishing's, with integrated electric Hob & Oven with stainless steel Cooker Hood,. Laminate Flooring throughout the apartment, Bathroom newly fitted with a three-piece suite including W.C, Sink Basin, Bath with Shower cubical, Shaver point, dawn-lighters, laminate Flooring. The property offers Electric Heating throughout and double glazing windows.
The property is located a few steps from the Town center, surrounded by local shops, schools, transport links and many more amenities. Providing easy access to all neighboring areas including Wednesbury and West Bromwich Town Centre. Within easy reach of the expressway and motorway. Only 5 minutes walk from the Park + Ride in the area and a short drive to Sandwell Valley Park & New Square Shopping Centre.
Property benefiting from being fully replastered throughout, electrics, new bathroom, kitchen, flooring throughout the property.
Lease hold property available to all investors buyers
EPC band C.
Leaseholder Information
* Leasehold property with approximately 117 approx. years left on its Lease;
* Ground Rent is £310per year approx. and the; * Service Charge is approx. £1,218.42 this year budget. * Building insurance this year being £2,170.12. Please Note: The information above has been given to us by the current owner and has not been checked against the property lease document.
The property is currently tenanted with a monthly rent of £750.00 (£9,000 per year). Property is tenanted on a 12 month contract commencing in September 2022. The annual rent, provides a gross yield of 7.2%.
If you are a cash purchaser, we will require proof of funds for our records.
