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Guide price
£185,0002 bedroom house for sale
High Road, Willenhall
Auction
House
2 beds
Key information
Features and description
- Livestream Auction: 026/02/2025 at 6.00 pm
- Bidding Registration Required
- Viewings Via Appointment
- EPC Ratings D and E
This semi detached property is converted into 4 self contained apartments, all with their own individual access, meters, gas central heating and all are double glazed throughout.
Bringing in a combined income of almost £28,000, this represents a fantastic investment opportunity with a yield of approximately 15% based upon guide.
The Auctioneer has inspected 97, 97a and 99 and the photographs shown represent these three apartments, it is understood that 99a was refurbished approximately 2 years ago.
The property is conveniently located for all amenities and has good public transport links.
The accommodation comprises:-
97 - Ground Floor Apartment - Let on a Periodic Tenancy at £380.00 (£4,560 per annum) from 4/2/22
Kitchen 2.3m x 2.8m, Bathroom with matching suite, Lounge 3.9m x 3.7m, Bedroom 3.9m x 3.5m
97a - First Floor Apartment - Let on a Periodic Tenancy at a current rent of £390.00 - we understand there is a rent increase in April to £525.00 (£6,300 per annum)
Approached over a communal staircase, Front Door to Lobby with access to Living Room 3.7m x 3.7m, Kitchen 2.7m x 2.4m, Bathroom with white suite. Bedroom 3.7m x 2.5m
99 - Ground Floor Apartment - Assured Shorthold Tenancy due to commence on 7/2/2025 at a rent of £725 (£8,700 per annum)
Front Door leads to Kitchen 2.3m x 2.8m, Bathroom 2.4m x 1.7m, Lounge 3.7m x 4.1m, Bedroom One 3m x 3.6m, Bedroom Two 1.9m x 3.6m
99a - First Floor Apartment (not inspected by The Auctioneer) Let on a Assured Shorthold Tenancy from 13/9/24 at £825 PCM (£9,900 per annum)
It is assumed to comprise Kitchen, Bathroom, Lounge, Two Bedrooms.
Outside
Side gated access leads to yard with garden beyond.
Reports
Prospective Purchasers are advised to check the Mining Report which can be found in the legal pack.
Additional Fees
Buyers Premium - 1% + vat (minimum £,1,200 inc vat)Administration Charge - £1,440 inc VAT payable on exchange of contracts.Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Council Tax Band: A
Tenure: Freehold
About this agent
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Auction House Birmingham and Black Country, is part of Auction House UK, The Country's No 1 Residential Auctioneer, with over 30 years’ experience of the
Midlands property market. With a success rate of over 80% over the last 3 years, we offer professional guidance to sellers of all sorts of property, from
family homes, probate cases, land with or without planning permission and all sorts of commercial property. We are noted for consistently exceeding our
client's expectations. Covering Greater Birmingham and South Staffordshire as well as the Black Country Towns of Wolverhampton, West Brom... Show more
Midlands property market. With a success rate of over 80% over the last 3 years, we offer professional guidance to sellers of all sorts of property, from
family homes, probate cases, land with or without planning permission and all sorts of commercial property. We are noted for consistently exceeding our
client's expectations. Covering Greater Birmingham and South Staffordshire as well as the Black Country Towns of Wolverhampton, West Brom... Show more
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