Property photos
From
£1,300,000
(£1,097.51/sq. ft)
Block of flats for sale
Wardles Lane, Walsall WS611,845 sq. ft
Local area information
Property location
Nearby amenities
- Landywood 0.1 miles
- Moat Hall Primary School 0.3 miles
- Glenthorne Community Primary School 0.5 miles
- Cannock 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Residential block of 15 flats producing an income of £107,174 pa
15 flats currently producing an income of £107,174 per annum, with an erv of £113,500 per annum.
The block can be split up into smaller lots, starting from 2 flats upwards.
Location
The property is located in Great Wyrley, which is in the south Staffordshire district of Staffordshire, approximately 6 miles from Walsall. Transport links for the property are good, with Landywood Station located approximately 270 metres away from the property. The property is well serviced by local amenities, with a good variety of operators located within Quinton Court Shopping Centre, as well as Midlands Indoor Golf, Harrisons Sports and Social Club amongst others situated close by.
Description
The property is arranged as retail on the ground floor with residential on the 1st and 2nd floors. Access to the properties is via the rear of the building in the car park area.
Asset Management
There is clear scope to enhance returns through increasing rents, efficient management, and/or break up. In addition, the flats may suit multiple occupation at premium rents.
Total income of £107,174 pa.
The block can be split up into smaller lots, starting from 2 flats upwards.
Location
The property is located in Great Wyrley, which is in the south Staffordshire district of Staffordshire, approximately 6 miles from Walsall. Transport links for the property are good, with Landywood Station located approximately 270 metres away from the property. The property is well serviced by local amenities, with a good variety of operators located within Quinton Court Shopping Centre, as well as Midlands Indoor Golf, Harrisons Sports and Social Club amongst others situated close by.
Description
The property is arranged as retail on the ground floor with residential on the 1st and 2nd floors. Access to the properties is via the rear of the building in the car park area.
Asset Management
There is clear scope to enhance returns through increasing rents, efficient management, and/or break up. In addition, the flats may suit multiple occupation at premium rents.
Total income of £107,174 pa.
More information
Listed by
Assembly Commercial Real Estate
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