Park Road, Dudley DY2 3 bed terraced house for sale

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Park Road, Dudley DY2 3 bed terraced house for sale

Park Road, Netherton, Dudley DY2
£230,000

Our Summary

  • FREEHOLD INVESTMENT OPPORTUNITY
  • Freehold investment opportunity

Description

This is a freehold investment property that has been converted into three self-contained studio flats, located in a short commute to Merry Hill Intu shopping centre and Russells Hall hospital. The property offers a unique opportunity for investors, with each flat currently let and comprising of an open-plan living kitchen area, shower room, and double bedroom. The flats have electric and gas supply throughout, with on-street parking available and a maintained courtyard at the rear. The annual return on investment is £23,100, with each flat generating a significant income. The property is freehold, with the vendor advising that it is freehold, although it is recommended that a buyer verifies this with their solicitor.