£70,000

Flat

The Pinnacle, Wolverhampton, WV13

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First listed on: 05th March 2024

Nearest stations:

  • Wolverhampton (2.6 mi)
  • Coseley (2.9 mi)
  • Bloxwich (3 mi)
  • Walsall (3.1 mi)
  • Bescot Stadium (3.2 mi)

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Call: See phone number 0161 537 2727

Property Description

Property Description Pure Investor brings to the market this 2-bedroom apartment within The Pinnacle development, Gomer Street, Willenhall. The apartment offers investors 2 double bedrooms with wardrobes space, family bathroom with bath, sink and toilet, shower room with shower, sink and toilet, kitchen with opening into a good-sized living room. The property has fantastic locality and is very appealing as it allows easy accessibility too many local amenities, great school catchments and transport links for the M6 Motorway. There is currently a tenant in situ and the seller would be looking to sell the apartment whilst keeping the tenant in place, thus meaning it would only be suitable as an investment purchase. Investment Information Full Address: Flat 30, The Pinnacle, 50 Gomer Street, Willenhall, West Midlands WV13 2NW. Asking Price: £70,000.00. Tenure: Leasehold (105 years remaining). Service Charge: £1,790.00 per annum. Ground Rent: £150.00 per annum. Parking: Gated but not allocated. Tenancy: Currently tenanted (tenant moved in on 29th November 2019). Current Rental Figure: £595.00pcm. Self-Managed Or Letting Agent: Letting agent (13% + Vat currently £81.12) average letting fee would be around 10% + VAT. Gross Yield: 10.2% Net Yield: 7.4%

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Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
06/03/2024 Property listed at £70,000

Disclaimer

Disclaimer Property reference A5E73A5A91EBA3_west-midlandswolverhampton30-the-pinnacle-wol. Details are provided and maintained by Portfolio8 and Pure Investor. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Portfolio8 and Pure Investor, Manchester

The Forum

Tameside Business Park

Denton, Manchester

M34 3QS

Tel: See phone number 0161 537 2727

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference A5E73A5A91EBA3_west-midlandswolverhampton30-the-pinnacle-wol. Details are provided and maintained by Portfolio8 and Pure Investor. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Portfolio8 and Pure Investor, Manchester

The Forum

Tameside Business Park

Denton, Manchester

M34 3QS

Tel: See phone number 0161 537 2727

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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