Service charge (For Leasehold tenure): £1079.91 per year.
A superb opportunity to own a great priced investment property on the edge of Dudley town centre. This ground floor two bedroom one bathroom apartment is currently tenanted at £675.00pcm. Boasting two bedrooms both carpeted and having double glazed windows with blinds letting lots of natural light inside, a good sized living room diner, a good sized bathroom with shower. This property comes with parking.The local area is going through a huge redevelopment plan and in the next couple of years the new tram system will be installed with a tram stop outside the development giving easy access to Birmingham City Centre. Gross rental yield 9%There is 245 years left on the lease.The ground rent is £250 per year.Service charge is £1079.91 per year.Electric hot water and heating.Cash Only Investment.
FeaturesKitchen-DinerOpen Plan LoungeFridge FreezerFull Double Glazing Oven/Hob
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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