Studio apartment for sale

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Studio apartment for sale

Pound Road, Wednesbury, West Midlands
£215,000

Our Summary

  • Investment opportunity to purchase a block of two 2 bedroom flats which have recently been upgraded and refurbished

Description

This investment opportunity presents a block of two 2-bedroom flats, recently upgraded and refurbished, with a freehold purchase price of £215,000. The property yields 8.14% at the asking price, with both flats currently tenanted at £680PCM and £780PCM, generating a total annual income of £17,520. Located in Brunswick Park Road, the property is within walking distance of Brunswick Park, which offers playing fields, football pitches, and other amenities. The area is also close to local schools, amenities, and attractions, with Sandwell Borough Council as the local authority. The property has off-road parking and a patio area, and both flats have separate titles.
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