Freehold Detached Modern Apartment Block For Sale in Tamworth

 

Summary

  • 2 x 2 Bedroom & 2 x 1 Bedroom Apartments
  • Residents' Car Park with Allocated Spaces
  • Fully Let generating Income of £36,300 per annum
  • Sale on behalf of Joint Receivers

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground - Flat 1 505 46.92 Occupied
Ground - Flat 2 462 42.92 Occupied
1st - Flat 3 548 50.91 Occupied
1st - Flat 4 462 42.92 Occupied
Total1,977183.67
Flats 1-4 Brook Court, Brook Avenue - Front Elevation.png

Location

The property is located in Wilnecote, just a short drive from Tamworth Town Centre in a prime location with excellent transport links. The M42 Motorway at Junction 10 is located approximately 0.8 miles to the east of the property.

The immediate surrounding properties are predominantly residential in nature.

Get directions from Google Maps

Further Information

Price Offers in excess of £500,000


Description

The property comprises a detached freehold block of four apartments in Wilnecote, Tamworth which offers an excellent investment opportunity. The property offers a mix of 2 x one bedroom apartments and 2 x two bedroom apartments over 2 floors. The property was completed in 2022 and benefits from a modern, high-quality finish and has the reassurance of a new build warranty, making it a secure and low maintenance investment.

Each apartment is currently let, with the one bedroom apartments generating an income of between £725-£750pcm, whilst the two bedroom apartments are generating £750-£800pcm.

Internally, a small staircase leads to the first floor apartments, adding a unique touch to the property's layout. The ground floor apartments boast their own private front doors.

Each apartment has the benefit of one car parking space, providing tenants with convenient, off-road parking.