Fixed price
£87,500
2 bed flat for saleThe Minories, Dudley, West Midlands DY2
2 beds
1 bath
1 reception
EPC Rating: D
Leasehold
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
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
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
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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