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3 bed property, in Park Road, £219,995
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3 bed flat

Park Road, Netherton, Dudley DY2
£219,995

Our Summary

  • Fully refurbished and extended investment opportunity
  • IDEAL INVESTMENT OPPORTUNITY A refurbished and extended mid-terrace property, originally a two-bedroom house, now converted into three self-contained studio flats

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Description

The property is a refurbished and extended mid-terrace house, converted into three self-contained studio flats. Two flats are on the ground floor, with the largest on the first floor, each featuring an open-plan living/kitchen area, a shower room, and a double bedroom. The property benefits from electric, gas, or combined heating systems, and occupants have access to mains electricity, gas, water, and drainage.

The property has three EPC ratings: E, D, and C, respectively, with annual rental incomes of £7,200, £8,400, and £7,500. The property has a total annual rental income of £23,100. The communal courtyard is located to the rear, and the property has an overall EPC rating of E.