£53,000

Studio for sale
Flat 9, Salisbury House, Lily Street, West Bromwich B71

- 1 bed
- 1 bath
- 1 reception
EPC Rating: D

Chain free

Leasehold

Reduced on 03/12/2025

About this property

Parking
Double glazed
Newly refurbished

Property number 52169. Enquire through Zoopla's messaging system and we'll respond within 5 minutes, 24/7

- Smart and spacious studio apartment

- Recently fitted kitchen with electric oven, hob & fridge freezer

- Bright open-plan living and sleeping area

- Modern shower room with electric unit, extractor fan & mirrored cabinet

- Clean wood-effect laminate flooring throughout

- Electric heating and ample built-in storage

- Secure communal entrance

- Off-street parking

- Chain-free – ideal buy-to-let or first home. Vacant possession available

💼 Investor Information:

✅ 103 years lease remaining (from 3rd Sept 2003)

📈 Excellent rental demand in the area

🧾 Service charge: £1,200 per annum

💷 Ground rent: £75 per annum

💸 Expected rental income: £7,800 per annum

💷 Gross Yield: 14%

✅ Area = 24 sqm

🚪 Chain-free & ready to let immediately

📞 Contact now to arrange your viewing – whether you're an investor or first-time buyer.

Mortgage calculator

Monthly repayment

£265 per month

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