1 bedroom flat for sale

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1 bedroom flat for sale

Oldbury B68
£45,000

Price History

Initial price £69,000
13/06/24 £55,000
02/08/24 £50,000
04/09/24 £45,000
Price Change -34.78%

Description

This studio investment property is located on the first floor of a well-presented block in a quiet cul-de-sac in Oldbury and is being sold through an online auction. The property has a 10% yield and is currently rented out for £450 per month on a rolling periodic tenancy. The property features a fitted kitchen, bathroom, storage room, and bedroom/living room, and comes with a 81-year remaining lease. The buyer will also be responsible for a service charge of £100 per annum and ground rent of £20 per annum. The property is being sold with a tenant in situ, and potential buyers can register to bid and view the legal pack on the auction website.