Block of flats for sale in Wardles Lane, Walsall WS6

From £1,300,000 (£109.75/sq. ft)
Interested in this property? Call +44 20 3641 3212 * or Request Details

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Block of flats for sale

11,845 sq. ft*

Property features

  • Residential block of 15 flats producing an income of £107,174 pa

Property description

15 flats currently producing an income of £107,174 per annum, with an erv of £113,500 per annum.

The block can be split up into smaller lots, starting from 2 flats upwards.

Location
The property is located in Great Wyrley, which is in the south Staffordshire district of Staffordshire, approximately 6 miles from Walsall. Transport links for the property are good, with Landywood Station located approximately 270 metres away from the property. The property is well serviced by local amenities, with a good variety of operators located within Quinton Court Shopping Centre, as well as Midlands Indoor Golf, Harrisons Sports and Social Club amongst others situated close by.

Description
The property is arranged as retail on the ground floor with residential on the 1st and 2nd floors. Access to the properties is via the rear of the building in the car park area.

Asset Management
There is clear scope to enhance returns through increasing rents, efficient management, and/or break up. In addition, the flats may suit multiple occupation at premium rents.

Total income of £107,174 pa.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Assembly Commercial Real Estate, SE1 on +44 20 3641 3212 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Assembly Commercial Real Estate, and do not constitute property particulars. Please contact Assembly Commercial Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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