£87,500

2 bed flat for sale

  1.  Superb Two Bed Investment Opportunity
  2.  Gallery
  3.  Img_1288_3_Original.Jpg
Leasehold

Fixed price

£87,500

2 bed flat for sale

The Minories, Dudley, West Midlands DY2

2 beds
1 bath
1 reception
EPC rating: D

Key Information

Tenure:
Leasehold (245 years)
Service charge:
£1,080 per year
Council tax band:
A
Ground rent:
£250
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Blowers Green Primary School 0.4 miles
  • Kates Hill Primary School 0.5 miles
  • Tipton 1.7 miles
  • Dudley Port 1.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Parking
  • Ground floor
  • Investment property
  • Dudley town centre
  • Tenanted
  • Close to Russells Hall Hospital
  • Unfurnished
  • Double glazed
  • Fitted white goods
  • Electric Heating
Service charge (For Leasehold tenure): £1079.91 per year.
Ground rent (For Leasehold tenure): £250 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.

Features
  • Kitchen-Diner
  • Elevator in Building
  • Open Plan Lounge
  • Fridge Freezer
  • Full Double Glazing
  • Oven/Hob

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

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Listed by

Three2six Real Estate

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  1. Zoopla
  2. For sale
  3. West Midlands
  4. Dudley
  5. The Minories

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