Block of apartments for sale

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Block of apartments for sale

Bradford Lane, Walsall, West Midlands, WS1
£300,000

Our Summary

  • IDEAL INVESTMENT OPPORTUNITY Freehold of 6 x Residential Flats Available Opportunity for Basement conversion to create 1 additional unit
  • Located in a prominent Walsall Town Centre Location, this is an excellent investment opportunity due to the property's significant uplift potential

Description

This is an ideal investment opportunity to purchase a freehold of six residential flats in a prominent location in Walsall town centre. The property has significant uplift potential, with a yearly rent of £39,540 and a gross yield of 13.15%. The estimated rental value is £43,200, and the property is valued at a guide price of £50,000 per unit, with a break-up value of £70,000 per unit individually. The location is highly desirable, with easy access to Walsall Train Station and Bus Station, making it an attractive option for tenants. The seller is looking for offers by October 21st, 2024, and the full current rental schedule is attached to the listing.
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