Scriven & Co

821/829 Hagley Road West
Quinton,
Birmingham
B32 1AD
Phone: 0845 017 2115 (BT 4p/min)
Fax: 0121 423 2741

Investment For Sale in OLDBURY, WEST MIDLANDS

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Reference: MSQ6671, Investment For Sale in OLDBURY, WEST MIDLANDS s-available

Ref: MSQ6671 | Price: £599,950

An opportunity for an investor to acquire a detached block of six purpose built two bedroom apartments, all let (five apartments on an assured shorthold basis with one apartment let to a company). Each apartment has its own private entrance and comprising fitted kitchen with oven, hob, cooker hood, refrigerator and washing machine, well appointed bathroom and living room, electric central heating, fitted carpets, double glazed windows, allocated parking space. Total rental income £3,000.00 per calender month.


Full Description

THREE GROUND FLOOR APARTMENTS
Each comprising private reception hall, lounge, kitchen, two bedrooms, bathroom (note one flat has open plan kitchen/lounge).

THREE FIRST FLOOR APARTMENTS
Each comprising private reception hall, lounge, kitchen, two bedrooms and bathroom.

Car park with nine spaces (one for each apartment and three visitor spaces)

TENURE
We understand the property is freehold. The Agent has not checked the legal documents to verify the freehold status of the property. The buyer is advised to obtain verification from their Solicitor or Surveyor.

ARCHITECT SUPERVISION
The work has been inspected by Eclipse Architecture and a certificate will be provided upon completion of the sale.

SERVICES
Mains electric and water are provided. An electric heating system is installed with water filled panel radiators.

FITTED CARPETS
Fitted carpets are provided.

POSSESSION
The properties will be sold subject to occupation by the assured shorthold tenancies.

RENTAL INCOME

APT NO.S INCOME EXPIRES
37 £500.00 5th February 2013 Assured Shorthold Tenancy
35 £500.00 29th March 2013 Assured Shorthold Tenancy
33 £500.00 23rd February 2013 Assured Shorthold Tenancy
31 £500.00 30th April 2013 Company Let
29 £500.00 3rd February 2013 Assured Shorthold Tenancy
27 £500.00 9th February 2013 Assured Shorthold Tenancy

ENERGY PERFORMACE CERTIFICATES are available for each apartment. Copies available upon request.

VIEWING
By arrangement with agent's.


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The Property Misdescriptions Act 1991

These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point which is of particular importance to you, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.

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