Property photos
From
£1,200,000
16 bed flat for sale
Parkway Road, Dudley, West Midlands DY116 beds
EPC rating: C
Key Information
Local area information
Property location
Nearby amenities
- Jesson's CofE Primary School (VA) 0.2 miles
- St James Academy 0.3 miles
- Tipton 1.8 miles
- Dudley Port 2.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- 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
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.
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 every case.
DUD240301/8
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.
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 every case.
DUD240301/8
There are some planning applications within 0.5 miles of this home
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Listed by
Your Move - Dudley
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Property descriptions and related information displayed on this page are marketing materials provided by - Your Move - Dudley. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Your Move - Dudley for full details and further information.