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Offers over

£45,000

1 bed flat for sale
Bridge Street, Walsall WS1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Leasehold

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iLove homes ®

Logo of iLove homes ®

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

See all recent sales in WS1

Property descriptions and related information displayed on this page are marketing materials provided by - iLove homes ®. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact iLove homes ® for full details and further information.