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A Residential Investment Opportunity Comprising Two Detached Buildings Arranged as Three Self-Contained Flats Providing 15 En-Suite HMO Rooms. Fully Let Producing a Combined Income of £84,660 Per Annum. Further Development Potential (Subject To Obtaining All Relevant Consents).
The lot comprises two detached part single and part two storey buildings which have been arranged to provide three self-contained flats each made up of five bedrooms with en-suites. The properties were fully converted into residential dwellings in 2018 and were refurbished to a high standard.
The lot is held on two freehold titles
The property is situated in a mixed residential & commercial area close to the local shops and amenities of Lye High Street. The Intu Merry Hill Shopping Centre is approximately 2 miles away. Transport links are provided by Lye rail station.
The property benefits from 15 parking spaces.
Please refer to the legal pack for a full tenancy schedule.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.