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1 bed property, in Halesowen Road, £80,000
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1 bed flat

Halesowen Road, Cradley Heath
£80,000
Leasehold

This one-bedroom, first-floor apartment is a fantastic investment opportunity, generating £927 per calendar month in rent. The property features a spacious lounge, fitted kitchen, hall, shower room, and double bedroom, all with double glazing for added comfort. The apartment is conveniently located near train stations and local amenities, making it an attractive option for tenants. With a gross yield of 13.91%, this property is a great opportunity for investors. The vendor informs us that the current tenant is paying £927 per month, and the hall has previously been used as an office due to its suitable shape. The property also benefits from mains services of electric and water, and has a service charge of £80 per annum and a ground rent of £30 per annum. With approximately 64 years remaining on the lease, this property is a great investment opportunity for those looking to generate a steady income.