Flat for sale

Overview

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8.14% Yield at the asking price of £215,000.Investment opportunity to purchase a block of two 2 bedroom flats which have recently been upgraded and refurbished.This opportunity includes the freehold of the property. Both flats have seperate titles and there is off road parking and a patio area.Both flats are currently tenanted at £680PCM and £780PCM which in total is £17,520 Per Annum. At the asking price, this represents a yield of 8.14%.Brunswick Park Road is conveniently situated a short walk away from Brunswick Park itself which is a fantastic local asset with playing fields, football pitch, childrens play area and tennis courts. The location is also ideal for a wide range of local schools, amenities and attractions.The local authority is Sandwell Borough Council and both flats are Band A Council Tax.Buyers Compliance Administration Fee: In accordance with The Money Laundering Regulations 2007, Agents are required to carry out due diligence on all Clients to confirm their identity, including eventual buyers of a property. The Agents use electronic verification system to verify Clients' identity. This is not a credit check so will have no effect on credit history though may check details you supply against any particulars on any database to which they have access. By placing an offer on a property you agree that if your offer is accepted, subject to contract, we as Agents for the seller can complete this check for a fee of £75 inc VAT (£62.50 + VAT) per property transaction, non-refundable under any circumstance. A record of the search will be retained by the Agents.DirectionsFrom Junction 9 of the M6, proceed along Wood Green Road/A461 for about 1.3 miles before turning left in to Foley Street which at the end will provide access on to Brunswick Park Road and Pound Road. Sat Nav WS10 9HJ.