2 bedroom flat for sale

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2 bedroom flat for sale

The Minories, Dudley, West Midlands, DY2
£87,500

Price History

Initial price £90,000
28/06/24 £87,500
Price Change -2.78%

Description

This is a great value investment property located on the edge of Dudley town centre, currently tenanted at £675 per month. The ground floor apartment features two bedrooms, one bathroom, a living room diner, and double glazed windows with blinds. The property comes with parking and is situated near a major redevelopment area, with a new tram system and stop planned for the future. The property offers a gross rental yield of 9% and has 245 years remaining on the lease. The ground rent is £250 per year and service charge is £1079.91 per year. The property is heated by electric hot water and has a fridge freezer, oven, and hob. It is available for cash only investment.