Southmead Way, Walsall
Offers in Excess of £80,000

iLove homes® are offering for sale as a 'going concern' to investment landlords, with a passing rent of £695 per calendar month and offering a very attractive yield in the region of 10%. This purpose built Ground Floor apartment is particularly desirable to prospective tenants due to its location on a modern estate close to Walsall Town Centre with convenient access to motorway, transport links, Walsall manor hospital, shops, school and other amenities.

The property briefly comprises; entrance hall, open-plan lounge/kitchen, fitted kitchen with a hob and electric oven and space for fridge/freezer, storage cupboard, intercom entry system, two bedrooms, en-suite shower room and family bathroom. The property also has the benefit of 1 allocated parking space and visitor parking. For viewings, contact iLove homes in the first instance.

Main Communal Entrance:
With security system and intercom telephone stairs leading to the main entrance door.

Hall:
With two storage cupboards and doors leading to:

Open plan Lounge & Kitchen:
5.46m (17ft 11in) x 3.18m (10ft 5in)
Kitchen suite comprising of bowl and a half stainless steel units with mixer tap above incorporated into a roll-top work surface. Base and wall mounted units, plumbing for washing machine with integrated electric oven and gas fired hob and appliance space. Lounge comprising of double glazed window, radiator, television, phone and power points.

Bedroom 1:
4.87m (16ft 0in) x 3.44m (11ft 3in)
Comprising of storage cupboard, double glazed window and radiator

En suite:
Comprising of pedestal wash basin, low level WC and shower cubicle.

Bedroom 2:
2.59m (8ft 6in) x 2.37m (7ft 9in)
Comprising of double glazed window and radiator

Bathroom:
Comprising of pedestal wash basin, low level WC and panelled bath with electric shower above.

Outside
With communal gardens and an allocated parking space and visitor parking.

Nearby Services
Closest primary school: Croft Academy (270 yards)
Closest secondary school: Queen Mary's High School (0.7 miles)
Closest GP: St Peter's Surgery (390 yards)
Closest hospital: Manor Hospital (1 mile)

Viewings
Please contact iLove homes. Viewings are strictly by appointment only

Tenure
We are advised by the seller that the property is LEASEHOLD with approximately 80 years remaining on the lease. We have not sought to verify the legal title of the property, we would urge buyers to obtain verification from their solicitor. Please note that the property is to be sold with the tenant 'In Situ', currently commanding a rent of £695 per calendar month.

Lease is approximately 80 years remaining
Annual Ground rent - £150 per annum
Annual Service charge - £1375 per annum

Measurements
All measurements are approximate and are supplied for guidance only, as such they must not be considered to be entirely accurate

Money Laundering Regulations
Prospective purchasers will be asked to produce photographic identification and proof of residency once a deal has been agreed in principle.

Photography
Please be advised that some images included in our marketing materials feature virtual staging techniques designed to illustrate the property’s potential appearance; these digitally altered images do not represent its current condition