Residential Investment
Situated in the highly sought after Highgate Area of Walsall, this pair of period semi detached properties are converted into 5 Self contained flats, all having gas central heating and shared gardens. With a potential income of £27,000 per annum, the property is well maintained and is set back from the road behind lawned gardens with private enclosed gardens at rear. At this time, the Auctioneer has not inspected the tenanted properties. Three of the flats are currently occupied, whilst two are empty and internal viewings can be arranged. The accommodation comprises:- Front door leads to shared Vestibule, front door with stained leaded top light with Minton tiled floor, access from which is gained to:-
Tenure
Freehold
Flat 1, 18 Belvidere Road (Ground Floor Studio Flat) Let on an Assured Shorthold Tenancy at £395.00 PCM
Accessed from shared Entrance Hall and having Living Room, Bedroom, Kitchen, Bathroom,
Flat 2, 18 Belvidere Road (Ground Floor Flat) - Vacant
Accessed from shared Entrance Hall with stair cupboard and having Living Room 4.12m x 2.75m, Bedroom 2.8m x 2.8m with Dressing Room off 2.2m x 1.5m, Kitchen 4.1m x 2.6m with sink unit, base and wall cupboards and wall mounted Worcester central heating boiler, door lead to garden, Utility Area 2.6m x 1m, Bathroom with white suite comprising panelled bath, pedestal wash hand basin, w.c.
Flat 3, 18 Belvidere Road (First/Second Floor Flat) Let on an Assured Shorthold Tenancy at £495.00 PCM
Accessed from shared Entrance Hall and having Living Room, Two Bedrooms, Kitchen, Bathroom,
Flat 4, 18 Belvidere Road (First/Second Floor Flat) - Vacant
Accessed from shared Entrance Hall by way of staircase leading to Landing providing access to Living Room 5.18m x 3.76m, Two Bedroom One 3.3m x 4m, Kitchen 3.2m x 2.7m with sink unit and range of units and wall mounted gas fired central heating boiler, Bathroom with white suite comprising panelled bath, wash hand basin and w.c., From the Landing is staircase to second floor Bedroom Two 4.8m x 4.7m
Flat 5, 19 Belvidere Road (Ground Floor Flat) - Let on an Assured Shorthold Tenancy at £435.00 PCM
Accessed via own entrance door and having Living Room, Bedroom, Kitchen, Bathroom,
Viewing
By appointment through Auctioneers on 0121 289 3838
Energy Efficiency Rating (EPC)
Current Rating D F E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Walsall Metropolitan Borough Council
Solicitors
Mr Simon James, Ansons Solicitors, 5 Breadmarket Street, Lichfield, WS13 6LQ, Tel: 01543 263456
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.