£1,275,000

Property for sale

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£1,275,000

(£105.97/sq. ft)

Property for sale

Flats At Quinton Court Shopping Centre, Wardles Lane, Great Wyrley WS6

12,032 sq. ft

Local area information

Property location

Nearby amenities

  • Landywood 0.1 miles
  • Moat Hall Primary School 0.3 miles
  • Glenthorne Community Primary School 0.5 miles
  • Cannock 2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Investment

Highly reversionary long leasehold residential investment capable of being upgraded

13 self-contained 3-bedroom flats and 2 1-bedroom flats capable of being split

Available as a whole or separately. Flats 62,64 & 70 - £270,000, Flats 140A and 140B £160,000, and Flats 70 to 118 £870,000

Current gross income £116,373.20 per annum

erv £126,000 per annum

Offers invited at £1,275,000 to show an initial yield before costs of 9.127% and a reversionary yield of 9.88%

More information

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  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Walsall
  5. Great Wyrley
  6. Wardles Lane