Block of Apartments - Flats / Apartments
John Garth House & Insurance House
Engine Lane, Stourbridge, West Midlands, DY9 7DF
Sold for £550,000
A Residential Investment Opportunity Comprising Two Detached Buildings Arranged as Three Self-Contained Flats Providing 15 En-Suite HMO Rooms. Fully Let Producing a Combined Income of £84,660 Per Annum. Further Development Potential (Subject To Obtaining All Relevant Consents).
Accommodation & Tenancy Schedule
|Property||Floor||Accommodation||Tenancy Details||Current Annual Rent|
|John Garth House - Flat 1||Ground||5 Bedrooms with En-Suites & Shared Kitchen||5 Individual Tenancies||£27,564|
|John Garth House - Flat 2||First||5 Bedrooms with En-Suites & Shared Kitchen||5 Individual Tenancies||£28,164|
|Insurance House - Flat 3||Ground
|4 Bedroom with En-Suites & Shared Kitchen
1 Bedroom with En-Suite
|5 Individual Tenancies||£28,932|
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Enquire about John Garth House & Insurance House, Engine Lane, Stourbridge, West Midlands, DY9 7DF
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