>
4 bedroom apartment for sale
149 Greenlawns St. Marks Road, Tipton, DY4 0SU
£90,000
149 Greenlawns St. Marks Road, Tipton, DY4 0SU
£90,000
Our Summary
- For Sale By Public Auction on 11 December 2024 starting at 08:30 AM - A part let leasehold investment property of four studio apartmentsCurrent gross rental income £11,640 PA with scope to improve in the region of £23,000 PAA former duplex apartment set in communal grounds and parking which has been converted into four self contained studio apartments
- Auctioneer's NotePlease note offers may be considered prior to the Auction Sale
- Live-streamed AuctionPlease note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
This property is a part-let leasehold investment property consisting of four studio apartments set in communal grounds and parking. The current gross rental income is £11,640 per annum, with potential to increase to around £23,000 per annum. The property is a former duplex apartment that has been converted into four self-contained studios, each with its own kitchenette and shower room. The studios are electric, separately metered, and double glazed. The property is available freehold, subject to existing tenancies, with a lease term of 59 years unexpired and ground rent of £200 per annum. Offers may be considered prior to the auction sale, and viewings are available on specific dates. The property is being sold by public auction on December 11, 2024, starting at 8:30 am, and will be livestreamed via the auctioneer's website.