* Residential block of 15 flats producing an income of £107, 174 pa
Current income is £107, 174 per annum, with an erv of £113, 500 per annum.
Location
The property is located in Great Wyrley, which is in the south Staffordshire
district of Staffordshire, approximately 6 miles from Walsall. Transport links
for the property are good, with Landywood Station located approximately 270
metres away from the property. The property is well serviced by local
amenities, with a good variety of operators located within Quinton Court
Shopping Centre, as well as Midlands Indoor Golf, Harrisons Sports and Social
Club amongst others situated close by.
Description
The property is arranged as retail on the ground floor with residential on the
1st and 2nd floors. Access to the properties is via the rear of the building
in the car park area.
Asset Management
There is clear scope to enhance returns through increasing rents, efficient
management, and/or break up. In addition, the flats may suit multiple
occupation at premium rents.
Total income of £107, 174 pa.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: