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This property is no longer on the market

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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

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About this agent

Under The Hammer - Birmingham
Under The Hammer - Birmingham
61 Charlotte Street, St Pauls Square Birmingham B3 1PX
020 8033 9313
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Welcome to Under The Hammer, One of the UK's leading online auction houses, where transparency, efficiency, and quick transactions meet. Our approach offers unconditional sales with detailed legal packs for informed bidding. Dive into our monthly auctions for easy access to prime property deals. We're not just a platform; we're a community committed to making property auctions straightforward, fast, and reliable. Whether you're buying, selling, or exploring, Under The Hammer is your gateway to a seamless auction experience. Join the revolution at underthehammer.com and experience it for yourself.
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