£1,200,000
16 bedroom Flat for sale, Dudley, West Midlands, DY1
Parkway Road
- FREEHOLD BLOCK OF APARTMENTS
- CAR PORTS
- UNDERFLOOR HEATING
- SUPERB VIEWS
- CLOSE TO TOWN CENTRE
- NEAR TO RUSSELLS HALL HOSPITAL
- WORCESTER BOILERS
- 8 X FULLY TENANTED TWO BED APARTMENTS
- EXCELLENT INVESTMENT OPPORTUNITY
- EPCS AVAILABLE ON REQUEST
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A currently let and very well managed block of eight spacious apartments within easy reach of Russells Hall Hospital and Dudley Town Centre. An excellent opportunity for an investor to add to their property portfolio, the development was completed in 2016 and has been very well managed by the existing landlord and lettings agent. Each apartment is spacious with a modern open plan living room with fitted kitchen, two double bedrooms and seven of the eight apartments having en-suites as well as the main house bathroom. There is gas central heating powered with a Worcester boiler in each apartment as well as a large balcony overlooking glorious green fields and they have underfloor heating as well as having car port parking secured by a secure electric gated entrance.
Currently returning £75,600 per annum in rental income with a potential to increase this to around £86,400 per annum based on a very realistic and achievable £900pcm rent per apartment.
Sold with tenants in situ and currently managed by Your Moves NHM Franchise award winning Lettings Team at the main Dudley Office.
Energy Efficiency Rating
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N/ACO2 Rating
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