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Offers in region of

£74,950

1 bed flat for sale
Wood Street, Dudley DY2

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

Chain free
Leasehold
Added on 27/06/2024

About this property

  • Incredibly spacious & most appealing flat

  • Secure first floor position

  • Generous double bedroom

  • Popular residential location

  • Current rental income is £575 pcm, with A yield of 9.2%

  • Garden area

  • 106 years remaining on lease

  • Annual service charge, building insurance & ground rent of approx £617.30 per year

  • No upward chain

  • Cash buyers only

Cash buyers only - for sale with tenant in situ to buy-to-let investors only giving a rental yield of 9.53%: This incredibly spacious & most appealing, flat enjoys a secure first floor position and combined with being for sale with no upward chain, is situated within close proximity to russells hall hospital, dudley town centre & merry hill shopping centre. This well arranged property would make an excellent investment opportunity with a ready made rental income of £595per month (Rental Yield Circa 9.53%) and in brief comprises: Hallway, Sitting Room, Light Oak Style Kitchen, Generous Double Bedroom, White Suite Bathroom, Garden Area & Communal Hall, Stairs & Landing. EPC: E. Council Tax Band: A. Broadband / Mobile Coverage: According to Ofcom (the office of communications), standard, superfast & ultrafast broadband is available at this property. Tenure: Leasehold with 106 years remaining on the lease and an annual Service Charge, Ground Rent & Building Insurance of £617.30 per year (this information would need to be checked by any potential buyers legal conveyancing solicitor).

By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously. In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf. Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £40 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service. These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale. Please contact the office if you have any questions in relation to this.
Room dimensions


Hallway

Sitting Room

15' 0'' x 9' 10'' (4.57m x 2.99m)

Kitchen

5' 8'' x 9' 6'' (1.73m x 2.89m)

Bedroom

11' 1'' x 12' 3'' (3.38m x 3.73m)

Bathroom

6' 0'' x 5' 6'' (1.83m x 1.68m)

Garden Area
Potential buyers are reminded that all measurements are taken at there widest available points

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Monthly repayment

£374 per month

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