Priory Court, 56 Lichfield Road, Walsall, West Midlands, WS9

***BUY TO LET OPPORTUNITY***

A chance to buy a 2 bedroom flat with tenant in situ paying £795PM giving a 8.7% Yield

A well-proportioned two-bedroom second-floor apartment at Priory Court, WS9 9NT, offered for sale with a tenant currently in situ and producing a rental income of £795 per calendar month.

The property represents an attractive opportunity for both experienced and first-time landlords, offering an immediate rental income of £9,540 per annum and an approximate 8.7% gross rental yield based on the asking price.

WHY YOU'LL LIKE IT ...

The apartment provides well-arranged accommodation with the living space and bedrooms positioned off the main entrance hall.

The separate lounge provides a comfortable main living area with space for sofas, additional furniture and a dining area if required. The separate layout makes this a practical home and avoids the open-plan arrangement found in many modern apartments.

The separate kitchen provides a dedicated cooking and preparation area, with space for the necessary appliances and storage. Having a separate kitchen from the lounge is a particularly useful feature for tenants looking for clearly defined living accommodation.

There are two bedrooms, offering flexibility for a couple, small family, sharers or those requiring a home office/guest bedroom. The principal bedroom provides a good-sized sleeping area, while the second bedroom offers useful additional accommodation.

The property also benefits from a shower room, providing the essential bathroom facilities.

WHERE IT IS ...

Priory Court is situated on Lichfield Road in Walsall Wood, a popular residential area within the wider Walsall district.

The property benefits from a convenient position for access to a range of local shops, everyday amenities, schools and public transport links, making the area well suited to both owner-occupiers and tenants.

Walsall Wood offers a pleasant residential setting with a number of green spaces and recreational areas nearby, while the neighbouring areas of Aldridge, Brownhills and Walsall provide a wider selection of shopping, leisure and commercial facilities.

There are regular local bus services serving the surrounding area, providing connections towards the neighbouring towns and wider West Midlands area. The location also provides access to the region's road network, making it a practical base for commuters.

For investors, the established residential setting and access to local amenities make the property an attractive proposition for the rental market, while the two-bedroom accommodation provides flexibility for a range of prospective tenants.

Priory Court therefore offers a combination of established residential surroundings, local amenities and accessibility, making this an appealing location for both landlords and owner-occupiers.

MATERIAL INFORMATION...

Council Tax Band: A
Tenure: Leasehold
Parking Arrangements: one parking space
Property Construction: Standard Brick
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Gas Central Heating
Broadband: Refer to Ofcom
Mobile Signal Coverage: Refer to Ofcom
Building Safety Issues: N/A
Restrictions: None Known
Rights And Easements: None
Flood Risks Or Previous Flooding: None
Past Or Present Planning Permissions Or Applications: Refer to the local council
Is the property located in a Coalfield Or Mining Area: No

AGENTS NOTE:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history

FIXTURES AND FITTINGS:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.