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Land for sale

Stourbridge Road, Dudley

Withdrawn from Market £455,000
1 ac.

Property Description

Commercial information

  • 1 acres (0.4 hectares)

Key features

  • FREEHOLDER Opportunity
  • Five EXECUTIVE Apartments
  • FULLY MANAGED Apartments
  • LETS Fast!
  • 6% YIELD!
  • REFURBISHED Throughout
  • IDEAL Location

Full description

Tenure: Freehold

A unique opportunity to be the FREEHOLDER of five executive apartments in Dudley, West Midlands. These five bedroom apartments are currently occupied by working professionals only with FULLY MANAGED and long term tenancies. The flats are all fully converted throughout, easily maintained individually and in communal areas, offers parking, and ALWAYS let FAST! There is a healthy rental income of £2,200pcm (£26,400pa) which presents an unbeatable 6% yield, with a further potential to increase rents upon contract renewals! Also planning can be gained to build 1 more flat so even more earning on this block to be had. The location is ideal for Doctors and Nurses looking to commute to Russells Hall Hospital, who are our usual occupants of the property!

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
10 June 2016

Map & Street View

Disclaimer - Property reference 101062002305. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Wolverhampton - Lettings & Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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