£2,575,000
Studio flat for sale
Worcestershire DY11
studio Flat Property description
This listing presents an exceptional opportunity to acquire a unique development property currently for sale. The property is a highly profitable FREEHOLD block of 23 apartments.The apartments are all in good condition and have been completed to a high standard, providing a comfortable and contemporary living environment.
In addition to the individual facilities, each apartment offers a generously open plan living room providing ample space for entertaining or relaxing and accompanied by modern bathrooms.
This development property is a high-yielding investment, generating a total monthly income exceeding £15,000, testament to its desirability and the quality of accommodation on offer. Each apartment is a self-contained unit, offering a high degree of autonomy and privacy for tenants.
This property is more than just a building; it is a well-established business with a solid income stream. The apartments are in good condition, minimising the need for any immediate additional investment.
In conclusion, this property represents a unique investment opportunity, promising both immediate returns and significant potential for future growth. It is an asset that can provide a robust foundation for a successful property portfolio or an impressive addition to an existing one.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
DUD240943/2
In addition to the individual facilities, each apartment offers a generously open plan living room providing ample space for entertaining or relaxing and accompanied by modern bathrooms.
This development property is a high-yielding investment, generating a total monthly income exceeding £15,000, testament to its desirability and the quality of accommodation on offer. Each apartment is a self-contained unit, offering a high degree of autonomy and privacy for tenants.
This property is more than just a building; it is a well-established business with a solid income stream. The apartments are in good condition, minimising the need for any immediate additional investment.
In conclusion, this property represents a unique investment opportunity, promising both immediate returns and significant potential for future growth. It is an asset that can provide a robust foundation for a successful property portfolio or an impressive addition to an existing one.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
DUD240943/2
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First listed
Over a month agoEnergy Performance Certificate
Worcestershire DY11
Marketed by
Your Move - Dudley 215 High Street Dudley DY1 1PBCall agent on 01384 429307
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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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