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Brook Avenue, Wilnecote, B77 6 bed block of apartments for sale
Brook Avenue, Wilnecote, B77
£525,000
Brook Avenue, Wilnecote, B77
£525,000
Our Summary
- This freehold block of apartments in Wilnecote presents an excellent investment opportunity, offering a mix of two one-bedroom apartments and two two-bedroom apartments
- The property also offers future potential for increased rental income, particularly with the opportunity to let the final available apartment and adjust rents in line with market demand
- With its strong current rental returns, the potential for growth, and its convenient and desirable location, this property represents a highly attractive investment for anyone looking to expand their portfolio in the thriving Wilnecote area
Description
This freehold block of apartments in Wilnecote, completed in 2022, offers a lucrative investment opportunity with a mix of two one-bedroom and two two-bedroom apartments. The property boasts a modern, high-quality finish and comes with a new build warranty, providing a secure and low-maintenance investment. The apartments are currently let on Assured Shorthold Tenancy Agreements, generating a total gross rental income of £35,400 per annum. The property's prime location, with excellent transport links to Tamworth town centre, makes it highly attractive to tenants. With strong current rental returns and potential for growth, this property represents a highly attractive investment for anyone looking to expand their portfolio in the thriving Wilnecote area.