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295 Stafford Road, Wolverhampton, WV10 6DQ

Sold Prior to auction, for an undisclosed amount.
 

Guide Price SOLD PRIOR plus fees


Thursday 4th July 2013

11.00am
Key Features
A Freehold Residential Investment Property Currently in Five Studio Flats Current Gross Income: £15,600 Potential Gross Income: £19,500
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Sold Prior to auction, for an undisclosed amount.

Semi-Detached

Accommodation

Ground Floor
Side Entrance to Hall with access to Two Ground Floor Apartments with an additional Third Ground Floor Apartment to the Rear.

First Floor
Landing with access to Two further Apartments.

Continued (In to second column)

Outside
Front and Rear Garden with Side Driveway allowing ample Parking.

Property Description

A semi detached property converted into five studio flats set back from the road behind a foregarden with side driveway leading to rear garden and car park.

Property Type

Residential Investment

Tag Line

A Freehold Residential Investment Property Currently in Five Studio Flats
Current Gross Income: £15,600
Potential Gross Income: £19,500

Tenancy Details

Flats 1-4 are currently let on Assured Shorthold Tenancies all holding over from various long term dates at a rental of £325 per calendar month - £15,600 per annum. The fifth apartment is currently vacant.

The existing Landlord has agreed with the current tenants that the current rent will remain constant until the 31st March 2014. For further details see legal pack.

Tenure

We understand that the property is Freehold and being sold subject to the existing tenancies.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: