available to secure now

Block of 3 Self-Contained, 1 Bedroom Flats, Dudley, DY1 1SZ

18 Ludgate Street, Dudley, UK

Secure Now
or Best Offer

£ 195,000

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(Click here for “Secure Now” deposit information)*

This property is sold subject to a non-refundable deposit & administration fee.


Deposit (1.75% + Vat) = £4095
Admin Fee (inc Vat) = £1200
‘Secure Now’ With Just = £5295

payzone
  • Freehold
  • 3 Bedrooms
  • 3 Reception Room
  • 3 Bathrooms
  • Investment Property
  • Off Road Parking
Ian Perks
01384 394669

20-22 Hagley Road, Stourbridge, DY8 1QQ

  • Freehold
  • 3 Bedrooms
  • 3 Reception Room
  • 3 Bathrooms
  • Investment Property
  • Off Road Parking
Ian Perks
01384 394669

20-22 Hagley Road, Stourbridge, DY8 1QQ

AVAILABLE TO SECURE NOW

18 Ludgate Street, Dudley, DY1 1SZ

A FREEHOLD RESIDENTIAL INVESTMENT - Block of 3 Self-Contained, 1 Bedroom Flats

 

Property Description

A superb investment opportunity comprising of three self-contained, one bedroomed flats being sold as a Freehold investment package.  Providing an income return in excess of 6%, these flats have been successfully let by the current Vendor since 2002.  The flats are well maintained, are double glazed and all have individual gas fired combination central heating systems, ample off road parking and an amenity area.  Flat One has a kitchen with a range of base and wall cupboards, cooker, hob and extractor.  Living room.  Lobby with airing cupboard and access to cellar.  Double bedroom with ensuite bathroom leading off.  Flat Two has a reception hall, stairs, landing, split level living room leading to well equipped kitchen with cooker, hob and extractor.  Double bedroom with airing cupboard and ensuite bathroom leading off.  Flat Three is a two storey property comprising reception hall, living area with well equipped kitchen leading off with cooker, hob and extractor.  Staircase rising to double bedroom with ensuite bathroom leading off. 

 

Current rental income per calendar month for Flats 1, 2 and 3 is £1035.00 per calendar month exclusive.

 

Tenure

See Legal Pack

 

Deposit Amount

If you purchase the property at the ‘Secure Now’ price, the successful purchaser will be charged an exclusivity deposit, the greater of 1.75% + VAT (subject to a minimum of £2,250 + VAT) of the purchase price. All fees payable are additional to the ‘Secure Now’ price.

 

Fees

Additional Fees / Costs / Charges MAY be payable by the buyer in addition to the purchase price. These MAY include sellers search costs/disbursements, reimbursement of sellers solicitors & auctioneers costs, outstanding service charge, ground rent payments, rent arrears / apportionment of rent, Value Added Tax (VAT), Stamp Duty, etc. and all prospective purchasers are advised to inspect the Legal Documents including the Sale Contract / Special Conditions / exclusivity agreement and seek their own independent legal advice as to the full cost of purchasing a specific property.

 

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

No floor plan added.