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 parking.
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.
Electric hot water and heating.
Cash Only Investment.
Tenure : Leasehold
Council Tax Band : A
The Energy Performance Certificate (EPC) gives the building a standard energy and carbon emission efficiency grade from 'A' to 'G', where 'A' is the most efficient and 'D' being the average to date.
