A Block of 4 Flats and 1 Detached House located in Walsall with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.
For investors looking for a rewarding investment, this is a brilliant opportunity!
163 Watling Street
This detached house offers three bedrooms, a lounge, a dining room, a kitchen, a bathroom with a separate WC, and a sectioned patio area.
164A, 164B, 165A, 165B
This portfolio consists of four flats, each with a bedroom, lounge, kitchen, and bathroom. The properties benefit from excellent local transport links. In addition, flats 164B and 165B include ensuite showers.
Investment details
The portfolio currently produces an annual gross income of £31,382 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Tenancy Checks
Tenancy Agreement
Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.
Proof of Rental Income
Recent Proof of Rental Income has been Verified by Let Property.
Length of Tenancy
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Property Checks
Property Tenure
Verified as Leasehold with 170 years on lease
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
EPC
EPC documentation has been provided to Let Property and has been Verified.
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Appreciation
Service Charge
Indicated