Sidon Hill Way, Cannock WS11 1 bed flat for sale

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Sidon Hill Way, Cannock WS11 1 bed flat for sale

Sidon Hill Way, Hawks Green, Cannock, WS11
£85,000

Our Summary

  • INVESTMENT OPPORTUNITY
  • CASH PURCHASERS ONLY DUE TO LEASE LENGTH OF 62 YEARS
  • An additional unique advantage is the inclusion of a loft space, offering further storage options or potential for creative use
  • From an investment perspective, the property is offered to cash buyers only due to the lease having approximately 62 years remaining, with an expiry date of 1st January 2088
  • Well-presented throughout yet offering scope for cosmetic improvement, this maisonette represents an excellent opportunity for an investor seeking a cost-efficient and easily managed addition to their portfolio
  • Cash buyers only due to short lease of 62 years

Description

This one-bedroom first-floor maisonette in Cannock is an investment opportunity for cash buyers only due to the lease having approximately 62 years remaining. The property features a private entrance, double bedroom, living room, modern kitchen, family bathroom, and loft space for additional storage. With no service charge and ground rent payable at just £75 per annum, outgoings are exceptionally low, making it an attractive option for investors. The property is well-presented throughout and offers scope for cosmetic improvement. It would comfortably rent for £725 per month and is located within easy reach of local amenities, schools, and transport links.