2 bed flat for sale in The Furlong, Wednesbury WS10, £110,000

110,000.00

Offer Nr.:
64300843
Type of ad:
for Sale
Property type:
2 bed flat
Bedrooms:
2
Bathrooms:
1
Reception rooms:
1
Contact name:
Vesta Property
Phone(s):
020 8115 4124

* Leasehold
* Fully tenanted investment property
* £8, 700 rent per annum
* 7. 9% Gross Rental Yield
* Allocated parking space
This is an investment opportunity to purchase an apartment in Wednesbury
generating £8, 340 gross rent pa & a gross yield of 7. 9%.
Leasehold information:
Length of lease: 150 years
Year lease started: 2004
Years left on lease: 131 years (from 2023)
Service charge review period: Tbc
Ground rent review period: Tbc
Property information:
Located on the 1st floor the apartment comprises:
2 x bedrooms
Lounge
Fitted kitchen
Bathroom
Electric storage heating
Source entry intercom system
The apartment has an allocated parking space
EPC rating B
Council tax band A
Monthly rental income £725
The vendor believes monthly rent of £800+ is achievable
Location information:
The property is located in the King's Hill area of Wednesbury
Wednesbury town centre is around 1. 1 miles from the property
Kings Hill park is just around the back of the property
Easy access to the M6 via junction 9
Note:
Please note that Vesta has not visited this property and the vendor has
provided all material.

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