1. Property photo 1 of 8 Superb Two Bed Investment Opportunity
  2. Property photo 2 of 8 Lounge Area
  3. Property photo 3 of 8 Kitchen

Fixed price

£87,500

2 bed flat for sale
The Minories, Dudley, West Midlands DY2

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Leasehold

Three2six Real Estate

Logo of Three2six Real Estate

About this property

  • Parking

  • Ground floor

  • Investment property

  • Dudley town centre

  • Tenanted

  • Close to Russells Hall Hospital

  • Unfurnished

  • Double glazed

  • Fitted white goods

  • Electric Heating

Service charge (For Leasehold tenure): £1079.91 per year.
Ground rent (For Leasehold tenure): £250 per year.

A superb opportunity to own a great priced investment property on the edge of Dudley town centre.

This ground floor two bedroom one bathroom apartment is currently tenanted at £675.00pcm. Boasting two bedrooms both carpeted and having double glazed windows with blinds letting lots of natural light inside, a good sized living room diner, a good sized bathroom with shower. This property comes with parking.

The local area is going through a huge redevelopment plan and in the next couple of years the new tram system will be installed with a tram stop outside the development giving easy access to Birmingham City Centre.

Gross rental yield 9%

There is 245 years left on the lease.

The ground rent is £250 per year.

Service charge is £1079.91 per year.

Electric hot water and heating.

Cash Only Investment.

Features

  • Kitchen-Diner
  • Elevator in Building
  • Open Plan Lounge
  • Fridge Freezer
  • Full Double Glazing
  • Oven/Hob

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More information

  • Tenure

    Leasehold (245 years)

  • Service charge

    £1,080 per year

  • Council tax band

    A

  • Ground rent

    £250

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - Three2six Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Three2six Real Estate for full details and further information.