Fixed price
£87,500
2 bed flat for saleThe Minories, Dudley, West Midlands DY2
2 beds
1 bath
1 reception
EPC Rating: D
About this property
Parking
Ground floor
Investment property
Dudley town centre
Tenanted
Close to Russells Hall Hospital
Unfurnished
Double glazed
Fitted white goods
Electric Heating
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
Mortgage calculator
£437 per month
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More information
Tenure
Leasehold (245 years)
Service charge
£1,080 per year
Council tax band
A
Ground rent
£250
Ground rent date of next review
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