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48 Carnegie Avenue, Tipton, West Midlands DY4 8SX

Lot no: 12 Sold at Auction
 

Guide Price £29,000+ plus fees


Thursday 11th August 2016

11.30am
Key Features
  • Self-Contained Apartment
  • Potential Rental Return of over 10%
  • Popular and Convenient Location
  • Superb Investment Opportunity
  • EPC Rating: F
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Sold at Auction

Studio flat

Property Description:

A superb investment opportunity to purchase a self-contained studio apartment located on the top floor of a purpose-built block of eight flats. Situated in a popular residential location close to schools, local amenities and only 6 minutes walk to the train station.

The property benefits from electric heating and majority double glazing.

The property would make a great buy to let investment and would rent out at approx. £4000 per annum and therefore give a return of 13%.

The property is held on a long lease of 120 years from 1982 with low ground rent and service charges, more information will be available in the legal pack.

In More Detail:

Open Plan Lounge / Bedroom -
With window to the front aspect.

Kitchen -
With a range of units and space for appliances.

Bathroom -
With Low flush w.c wash hand basin and shower cubicle.


Outside -
Communal parking area and gardens

Tenure:

Leasehold. Vacant possession upon completion.