Long Street, Dordon, B78
- PROPERTY TYPE
End of Terrace
- BEDROOMS
2
- BATHROOMS
2
- SIZE
388 sq ft
36 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- FREEHOLD BLOCK OF TWO SELF-CONTAINED ONE-BEDROOM APARTMENTS
- SOLD WITH TENANTS IN SITU – NO UPWARD CHAIN
- GENERATING £1,170 PCM / £14,040 PER ANNUM
- APPROXIMATE GROSS YIELD OF 8.25%
- STRONG RENTAL DEMAND LOCATION IN DORDON WITH EXCELLENT TRANSPORT LINKS
Description
Next Place Property Agents Ltd are proud to present this investment opportunity – Freehold Block of Two Self-Contained Apartments – Long Street, Dordon
A well-presented freehold investment opportunity comprising a semi-detached property that has been converted into two self-contained one-bedroom apartments, both currently let to long-term tenants and offered for sale with tenants in situ. The sale is investment-focused and therefore benefits from no upward chain, allowing for a smooth and straightforward transaction.
The property is arranged as a ground floor apartment accessed from the rear and a first-floor apartment accessed from the front, providing clear separation and privacy for both occupants. Each apartment offers well-proportioned accommodation including an open-plan living area, a double bedroom, and a bathroom, as confirmed by the accompanying floor plans.
Externally, the property benefits from off-road parking to the front for one vehicle, with additional access leading to the rear entrance serving the ground floor apartment.
Both apartments are currently let to long-term tenants, generating £595 pcm for the first-floor apartment and £575 pcm for the ground floor apartment, providing a combined monthly income of £1,170 and a gross annual income of £14,040. Based on the asking price of £170,000, this represents an approximate gross yield of 8.25%. The rents are inclusive of utility bills, creating a simple, hands-off investment. The property is fully electric with no gas supply to either apartment.
Located on Long Street, Dordon, the property sits within a popular residential area with strong ongoing rental demand, supported by excellent access to local amenities, transport links including the M42, and nearby centres such as Tamworth and Atherstone.
This is a ready-made investment opportunity with established tenants, strong local demand, and immediate income from day one.
EPC Rating: E
Ground Floor Apartment Bedroom
3.37m x 3.93m
Ground Floor Apartment Bathroom
3.3m x 1.95m
Parking - Off street
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Long Street, Dordon, B78
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About Next Place Property Agents Limited, Tamworth
112 Glascote Road Glascote Tamworth B77 2AF
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Visit our security centre to find out moreDisclaimer - Property reference 54c5c065-deed-4b45-b6c2-1b0a371eb654. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Next Place Property Agents Limited, Tamworth. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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