£70,000

1 bedroom flat for sale

West Midlands, DY1 3JD
flat flat
bedroom 1 bedroom
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Property description

One-Bedroom Flat with Secure Gated Parking - Tenanted Investment Opportunity



Situated within a charming, characterful building, this well-presented one-bedroom flat offers both style and practicality in a sought-after location. The property combines period features with modern comforts, creating an appealing home for tenants and an attractive opportunity for investors.



The flat comprises a bright living area, a fitted kitchen, a spacious double bedroom, and a contemporary bathroom. Secure gated parking is included, providing peace of mind for residents.



Being sold with a tenant in situ, the property currently achieves an income of £650 per calendar month, offering immediate rental yield from day one.



Council Tax Band: B

Tenure: Leasehold (105 years)

Ground Rent: £150 per year

Service Charge: £1,756 per year



Entrance Porch

Electric radiator, doors to bedroom, bathroom and kitchen.



Living room

6.43m x 2.36m

Rear facing double glazed window, double glazed doors to rear entrance, two electric radiators.



Kitchen

3.18m x 3.13m

Range of wall and base units, oven, hob and extractor hood, sink and drainer with mixer tap, front facing double glazed window, tiles to splash, work surfaces.



Bedroom 1

4.76m x 3.46m

Rear facing double glazed window, electric radiator.



Bathroom

Panel enclosed double ended bath with mixer tap and shower set, wall mounted sink with mixer tap, low flush WC, side facing double glazed window.


Council Tax Band: B

Tenure: Leasehold

Length Of Lease: 105

Annual Ground Rent Amount: £150.00

Ground Rent Review Period: per annum

Annual Service Charge Amount: £1,756.00

Service Charge Review Period: per annum
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West Midlands, DY1 3JD

Marketed by

Pattinson - East Midlands Auction Kingfisher Way Silverlink Business Park Wallsend NE28 9NY
Call agent on 0191 490 6068
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