28 High Street
Aldridge
Walsall
WS9 8LZ
Basin Lane, Tamworth
Offers Over £600,000
7 Bedroom Block of Flats
- INVESTMENT OPPORTUNITY
- FIVE TENANTED APARTMENTS
- DESIRABLE DEVELOPMENT
- VIEWING ADVISED
- 980 YEAR LEASE TERM
** INVESTOR OPPORTUNITY ** TENANTS IN SITU ** FIVE APARTMENTS ** EACH WITH 980 YEARS REMAINING ON LEASE ** Current Rental income £46,872 Per Annum 7.81% Yield ** NO CHAIN ** POPULAR DEVELOPMENT ** VIEWING ADVISED **
WEBBS ESTATE AGENTS have the pleasure of offering this fabulous opportunity to purchase five tenanted and well-presented apartments, all with 980 years remaining on the lease term, there are 3 x one bedroom and 2 x two bedroom apartments built in 2005. Situated in a popular development within walking distance of Tamworth Town Centre and Train Station. Comprising a mix of one and two bedrooms, all with a modern kitchen and bathrooms. Externally, there is allocated and visitor parking with communal gardens and secure intercom access.
Agents Note
This is 5 apartments for sale located within a block of 24 apartments.
The leases all have 980 years remaining, and charges are as follows;
Apartment 10: Ground Rent & Service Charge: £1,553.62 per annum - EPC rating C - Council Tax Band - B
Apartment 14: Ground Rent & Service Charge: £1,017.58 per annum - EPC rating C - Council Tax Band - A
Apartment 16: Ground Rent & Service Charge: £1,017.58 per annum - EPC rating B - Council Tax Band - A
Apartment 17: Ground Rent & Service Charge: £1,144.78 per annum - EPC rating B - Council Tax Band - A
Apartment 20: Ground Rent & Service Charge: £1,496.08 per annum - EPC rating C - Council Tax Band - A
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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