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2 bedroom flat for sale

Lichfield Road, Walsall, West Midlands, WS4

Sold STC £60,000

Property Description

Key features

  • First floor flat
  • Two bedrooms
  • Modern fitted kitchen
  • Neutrally decorated throughout
  • Garage
  • Ideal investment or owner occupy
  • Good rental area
  • Potential rent of 525 pcm (6,300 pa)
  • Potential gross yield of 10.5%

Full description

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

Investment Analysis
We estimate the property will let for 525 per calender month (6,300 pa). Representing a gross annual yield of 10.5%.

Council Tax
The property is rated in Council Tax Band B. Council Tax payable (2014/15) is 1293.67

*Guide Price

Please note an inspection of this property has not been undertaken.

More information from this agent

Listing History

Added on Rightmove:
03 August 2016

Map & Street View

Disclaimer - Property reference F10LICHFIELDRD. 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 John Pye Property, Nottingham . 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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*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.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.

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