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Property details
Map & nearby

Flat for sale in Londonderry Lane, Smethwick

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Flat for sale - 2 bedrooms

2 1 1

Tenure:

Leasehold

Time remaining on lease:

106 years

Service charge:

£1,515 per year

Ground rent:

£400

Council tax band:

Not yet known - A band has not yet been confirmed.

Property description

Park mews | Gated Residence | Very Large Modern Two Bedroom | Juliet Balcony | No Chain | Located on the 1st Floor, Great Size | Adjacent to the Commonwealth Games Swimming Pool Arena | Walking distance to local amenities and convenience store | tenant in situ | investors only

park mews | Gated Residence | Very Large Modern Two Bedroom | Juliet Balcony | No Chain | Located on the 1st Floor | Reasonable Service Charge | Adjacent to the Commonwealth Games Swimming Pool Arena | Walking distance to local amenities and convenience store | tenant in situ |

| Great Investment Opportunity |

*no chain
*Good Condition
*1st Floor
*tenant in situ- turnkey investment!

The apartment complex is gated with secure fob and keycode entry. The property benefits from a principle double bedroom, a second double bedroom, large open plan lounge/kitchen with integrated appliances with Juliet balcony facing inner complex, spacious bathroom with shower over bath and plenty of storage.

The development is gated and has ample resident paking.

Key information:

Leasehold: 107 years
Service Charge: £1,515.00/annum
Ground Rent: £400.00/annum
Current Rental Value: £750/pcm
Current net Yield: 4.7%
EWS1: N/A
Est. Achievable Rent: £850
Est. Achievable net: 5.5%

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Davidson Estates, and do not constitute property particulars. Please contact Davidson Estates 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.