19 Apartments & Communal Areas... 34 bed block of apartments for sale

>

19 Apartments & Communal Areas... 34 bed block of apartments for sale

19 Apartments & Communal Areas, Marquis Court, High Street & Cottage Lane, Burntwood, Staffordshire, WS7 4XZ &, WS7 4XD
£1,425,000

Our Summary

  • Guide Price = £1,375,000 - £1,425,000 Property for auction on 9th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT Property Description: A freehold residential investment opportunity comprising a modern development of two unbroken blocks of apartments of part two storey and part three storey construction containing a total of 19 units with a residents car parking area located at the rear which is accessed from Cottage Lane

Description

This property is a freehold residential investment opportunity comprising two unbroken blocks of apartments in Chase Town, Burntwood, Staffordshire. The development contains 19 units, with a residents' car parking area located at the rear, and provides well-laid-out accommodation with predominantly double-glazed windows and electric heating. The apartments are let on Assured Shorthold Tenancies and Statutory Periodic Tenancies, with a total current rental income of £139,508 per annum. The property is located near the City of Lichfield and Trent Valley Railway Station, offering regular train services to Birmingham and London, making it a popular choice for commuters. The property is being sold with vacant possession, with completion set for 56 days from exchange of contracts.