This property has been taken off the market.
2 Bed Flat For Sale Gomer Street, Willenhall, WV13
£69,950- Flat
1 of 15
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Last Updated: 26th April 2024
Description
Pure Investor brings to the market this 2-bedroom apartment within The Pinnacle development, Gomer Street, Willenhall. The apartment offers investors 2 double bedrooms with wardrobes space, family bathroom with bath, sink and toilet, shower room with shower, sink and toilet, kitchen with opening into a good-sized living room. The property has fantastic locality and is very appealing as it allows easy accessibility too many local amenities, great school catchments and transport links for the M6 Motorway. There is currently a tenant in situ and the seller would be looking to sell the apartment whilst keeping the tenant in place, thus meaning it would only be suitable as an investment purchase. \r
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Investment Information \r
Full Address: Flat 30, The Pinnacle, 50 Gomer Street, Willenhall, West Midlands WV13 2NW.\r
Asking Price: £70,000.00.\r
Tenure: Leasehold (105 years remaining).\r
Service Charge: £1,790.00 per annum. \r
Ground Rent: £150.00 per annum. \r
Parking: Gated but not allocated.\r
Tenancy: Currently tenanted (tenant moved in on 29th November 2019).\r
Current Rental Figure: £595.00pcm.\r
Self-Managed Or Letting Agent: Letting agent (13% + Vat currently £81.12) average letting fee would be around 10% + VAT. \r
Gross Yield: 10.02%\r
Net Yield: 7.4%
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Investment Information \r
Full Address: Flat 30, The Pinnacle, 50 Gomer Street, Willenhall, West Midlands WV13 2NW.\r
Asking Price: £70,000.00.\r
Tenure: Leasehold (105 years remaining).\r
Service Charge: £1,790.00 per annum. \r
Ground Rent: £150.00 per annum. \r
Parking: Gated but not allocated.\r
Tenancy: Currently tenanted (tenant moved in on 29th November 2019).\r
Current Rental Figure: £595.00pcm.\r
Self-Managed Or Letting Agent: Letting agent (13% + Vat currently £81.12) average letting fee would be around 10% + VAT. \r
Gross Yield: 10.02%\r
Net Yield: 7.4%
Agent Details
Pure
125 Deansgate, Manchester, M3 2LH
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.