7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

199 Wolverhampton Street, Dudley, West Midlands, DY1
£455,000

Our Summary

  • Including a sizable rear car park and outbuilding storage with development potential (STP)
  • Car park and outbuilding included with development potential (STP)

Description

This impressive Grade II listed Victorian building is located on Wolverhampton Street in the heart of Dudley, offering easy access to local schools, public transport, and the town's retail and leisure venues. The building has been carefully refurbished to combine its original period features, such as ornate brickwork, tall sash windows, and decorative cornicing, with modern comfort. The property consists of four apartments, each with high ceilings, double bedrooms, large open-plan living areas, fitted kitchens, and contemporary bathroom suites. The apartments come with private off-road parking and outbuilding storage, and are offered with freehold tenure. With a monthly rental income of £3,035 and an annual rental income of £36,420, this property represents a 7.5% gross yield and is available for sale at OIRO £485,000.