2 bedroom flat for saleLichfield Road, Walsall, West Midlands, WS4
Sold STC £60,000
- First floor flat
- Two bedrooms
- Modern fitted kitchen
- Neutrally decorated throughout
- Ideal investment or owner occupy
- Good rental area
- Potential rent of £525 pcm (£6,300 pa)
- Potential gross yield of £10.5%
The property enjoys a prominent position on Lichfield Road, and is conveniently located for local shops and amenities.
Walsall Town Centre is located approximately 1.5 miles south west of the property where you will find a larger variety of comprehensive shops and restaurants and leisure facilities.
There are a number of well regarded schools to cater for all age groups and regular public transport services, provide ease of access to Birmingham City Centre and Aldridge in under 30 minutes.
Walsall train station is located just 2 miles from the property and residents needing to travel further afield will appreciate the close proximity to junction 9 of the M6 motorway.
This delightful first floor flat is offered to auction with immediate vacant possession and is an ideal choice for investors or owner occupiers alike.
The property can be accessed via a communal entrance with stairway leading to first floor.
The accommodation is set over one level and is spacious and neutrally decorated throughout, with lounge, a modern fitted kitchen having eye level and base units with complimentary work surfaces, tiling to splashbacks and space for freestanding white goods.
Delightful family bathroom with three piece suite in white and two bedrooms.
Externally the property has a garage ideal for parking or storage and use of the communal patio areas.
Property not measured.
We understand the property has mains electric, water and drainage.
Long leasehold - See legal pack for further details
We estimate the property will let for £525 per calender month (£6,300 pa). Representing a gross annual yield of 10.5%.
The property is rated in Council Tax Band B. Council Tax payable (2014/15) is £1293.67
Please note an inspection of this property has not been undertaken.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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