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Gomer Street, Willenhall, WV13

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

698 sq ft

65 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 2 Bedrooms and bathrooms
  • Current tenant in situ since 2019
  • Current rental income of £595pcm
  • Popular residential area

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: £65,000.00.
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: £590.00pcm.
Self-Managed Or Letting Agent: Letting agent (13% + Vat currently £81.12) average letting fee would be around 10% + VAT.
Gross Yield: 10.8%
Net Yield: 8%
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Gomer Street, Willenhall, WV13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bilston Central Tram Stop1.5 miles
  • The Crescent Tram Stop1.5 miles
  • Loxdale Tram Stop1.7 miles
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About the agent

Pure, Manchester

125 Deansgate, Manchester, M3 2LH

Pure, Manchester

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

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Disclaimer - Property reference Gomer-Street-Willenhall-West-Midlands-WV13. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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