Offers over
£45,000
1 bed flat for saleBridge Street, Walsall WS1
1 bed
1 bath
1 reception
EPC Rating: C
Added on
About this property
Modern apartment in walsall for sale
Ideally suited to investment landlords with potential gross yield of approximately 18%
Cash buyers only
Located in the heart of walsall town centre
Large open-plan lounge/integrated kitchen/diner
Passenger lift
One double bedroom
Modern bathroom
Anticipated rent of £750 per calendar month
No upward chain with vacant possesion
ILove homes® are offering for sale this well presented property comprising a spacious open plan living/dining room/kitchen, double bedroom and bathroom. There is lift access throughout the building and an allocated parking space. The property is ideally suited for investors and should expect to achieve somewhere in the region of £750 per calender month with an anticipated yield of somewhere in the region of 18% (before deductions).
Situated in the heart of Walsall town centre, the property is close to a wide range of amenities, including supermarkets, shops, restaurants and pubs. Excellent transport links can be found from Walsall railway station, the A4148, A461 and the M6. For viewings, contact iLove homes in the first instance.
Communal Entrance
having front door with intercom system providing access to the communal entrance with stairs and lift to all floors.
Entrance Hall
having ceiling light point, power points and doors off to all rooms.
Open-Plan Lounge/Kitchen and Diner 19' 5" x 12' 6" (5.91m x 3.81m) having 3 windows to front elevation, ceiling light point, power points, wall mounted heater, a modern kitchen comprising of wall/base units with worktops over, inset stainless steel sink with mixer tap over, integrated hob with extractor over, integrated oven, integrated fridge/freezer and ample space for further appliances.
Double Bedroom 12' 2" x 11' 8" (3.70m x 3.55m)
having 3 windows to front elevation, ceiling light point, power points and wall mounted heater.
Bathroom
having ceiling light point, a matching suite comprising of panelled bath with taps/thermostatic shower over, wash hand basin, low flush WC and complimentary tiling to walls.
Viewings
Viewings are strictly by appointment only
Tenure
We are advised by the seller that the property is leasehold with approximately 113 years remaining on the lease. We have not sought to verify the legal title of the property, we would urge buyers to obtain verification from their solicitor. We have been advised that the property may only be suitable to cash buyers.
Lease is approximately 113 years remaining
Ground rent £200 per annum
Service Charge is approximately £120.00 per month. In the most recent financial year a levy was attached to the charges to cover for roof repairs. The levy was £3,500 and has already been paid by the current owner.
Measurements
All measurements are approximate and are supplied for guidance only, as such they must not be considered to be entirely accurate
Money Laundering Regulations
Prospective purchasers will be asked to produce photographic identification and proof of residency once a deal has been agreed in principle.
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More information
Tenure
Leasehold (113 years)
Service charge
£1,200 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review
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