Flat for sale in The Minories, Dudley, West Midlands DY2

Fixed price £87,500
Interested in this property? Call +44 330 038 4116 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Leasehold
Time remaining on lease:
245 years
Service charge:
£1,079.91 per year
Ground rent:
£250
Council tax band:
A

Utilities and more details

Property features

  • Parking
  • Ground floor
  • Investment property
  • Dudley town centre
  • Tenanted
  • Close to Russells Hall Hospital
  • Unfurnished
  • Double glazed
  • Fitted white goods
  • Electric Heating

Property description

Service charge (For Leasehold tenure): £1079.91 per year.
Ground rent (For Leasehold tenure): £250 per year.

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.

Features

  • Kitchen-Diner
  • Elevator in Building
  • Open Plan Lounge
  • Fridge Freezer
  • Full Double Glazing
  • Oven/Hob

Property info

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For more information about this property, please contact
Three2six Real Estate, B1 on +44 330 038 4116 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Three2six Real Estate, and do not constitute property particulars. Please contact Three2six Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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