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Scotts Road, Stourbridge DY8 2 bed flat for sale
Scotts Road, Stourbridge, DY8 1XZ
£120,000
Scotts Road, Stourbridge, DY8 1XZ
£120,000
Our Summary
- With a current sitting tenant paying £575 pcm, this property has the potential to achieve a rental income of £650 pcm, ensuring a lucrative investment
- Located in a popular area, this flat offers convenience and comfort, making it an ideal choice for investors looking to expand their portfolio with a property that promises strong rental potential and steady returns
- Viewing is essential to fully appreciate the quality and potential of this investment opportunity
Description
This well-presented two-bedroom first-floor flat is an attractive investment opportunity, situated in a prime residential location within walking distance to Stourbridge Town Centre. The property benefits from electric heating, double glazing, and allocated parking, and currently generates a rental income of £575 per month. With a 182-year lease remaining, the property has potential to achieve a rental income of £650 per month, making it a lucrative investment. The flat features a welcoming entrance hall, spacious lounge, fitted kitchen, two well-proportioned bedrooms, and a refitted bathroom. With a peppercorn ground rent and a service charge of £950.40 per annum, this property offers investors a strong return on investment. Viewings are essential to appreciate the quality and potential of this investment opportunity.