Property
Features and description
- Investment Property
- View more: underthehammer.com
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A freehold mixed use investment property in Dudley with £36,360 pa income
The property comprises of two x 2 bedroom flats on the top floor and two x 1 bedroom flats on the first floor as well as two commercial units on the ground floor.
The building has three floors with extensive cellars accessed from the rear of the building with a small gated yard. There is a potential for development of the cellars to increase the number of units within the property (STP
Fully let, producing £36,360 pa, with scope to increase and with a local agent management agreement in place.
Flat 1- Currently - £695PCM (rolling tenancy)
Flat 2- Currently - Potential of £750PCM (currently vacant)
Flat 3- Currently £550PCM- (rolling tenancy)
Flat 4- Currently £550PCM - (rolling tenancy)
181- Currently - £1185 per quarter - moved in 1.2.25- lease expires 31.1.28
181a - Currently - £395 Per month- lease started 20.6.22 expires - 19.6.25
Dudley is a vibrant town in the heart of the Black Country, offering a rich history, excellent transport links, and a strong sense of community. Home to the famous Dudley Castle and Zoo, as well as the Black Country Living Museum, the area blends heritage with modern amenities. With a range of schools, shopping centers, and green spaces, Dudley is ideal for families and professionals alike. Its central location provides easy access to Birmingham, Wolverhampton, and the wider West Midlands via road and public transport
Here's what to do next
- Visit - Our website and view the auction terms.
- View - Book a viewing directly through our website.
- Register - Get registered prior to the auction opening date.
- Legal Pack - Download and view the legal pack to find out all the relevant information.
- Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
- Bidding - Everything is completed online through the website and the intuitive bidding controls.
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