Property description
LOOK AFTER THE PENNIES AND THE POUNDS WILL LOOK AFTER THEMSELVES.... and with this superb INVESTMENT PROPERTY you will be counting the pounds from day one with an instant rental income of £350 per calendar month. This well presented property is situated centrally within Wednesfield and within easy reach of all local amenities. It benefits from a current tenant paying £350 per month, making it an ideal buy to let investment with a gross YIELD OF 14%!!! The property also benefits from a long lease of over 100 years!!! This flat is PRICED TO SELL, and will do extremely quickly. Call now for an early viewing!!!
Approach
The property is approached through a communal reception hall giving access to stairs and lift. The apartment is located on the eighth floor.
Entrance Hall
Of reasonable size, this hall benefits from laminate flooring overhead light fittings, a central heating radiator and doors to all accommodation, airing cupboard and storage/cloaks cupboard.
Living Room
Featuring a decorative brick fire surround with socket point for electric fire, window and glass insert door to balcony, power points and overhead light fitting.
Kitchen
A range of base and matching wall mounted storage cupboards with complimentary roll top surfaces. Stainless steel sink unit, overhead light fitting, integrated electric hob and oven, single glazed window.
Bathroom
A three piece suite comprising: Single panelled bath, pedestal wash hand basin and WC. Tiling to shower wall and basin splash back, overhead light fitting.
Bedroom
Central heating radiator, single glazed window, door to storage cupboard, dado railing.
Tenure
The property has an extended lease with 103 years remaining and with a service charge for 1/1/15 to 30/6/15 of £554.98
Property Features :
- SUPERB INVESTMENT PROPERTY
- CURRENTLY LET AT £350 PER CALENDAR MONTH
- ONE BEDROOM FLAT
- LOUNGE WITH BALCONY
- FITTED KITCHEN AND BATHROOM