Basin Lane, Tamworth

Property Details: • Type: Block of Apartments • Tenure: Leasehold • Floor Area: N/A

Key Features: • INVESTMENT OPPORTUNITY • THREE TENANTED APARTMENTS • DESIRABLE DEVELOPMENT • VIEWING ADVISED • 980 YEAR LEASE TERM

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 28 High Street, Aldridge, Walsall, WS9 8LZ

Full Description: ** INVESTOR OPPORTUNITY ** TENANTS IN SITU ** THREE APARTMENTS ** EACH WITH 980 YEARS REMAINING ON LEASE ** Current Rental income £25,800 Per Annum 7.37% Yield ** NO CHAIN ** POPULAR DEVELOPMENT ** VIEWING ADVISED **WEBBS ESTATE AGENTS have the pleasure of offering this fabulous opportunity to purchase five tenanted and well-presented apartments, all with 980 years remaining on the lease term, there are 2 x one bedroom and 1 x two bedroom apartments built in 2005. Situated in a popular development within walking distance of Tamworth Town Centre and Train Station. Comprising a mix of one and two bedrooms, all with a modern kitchen and bathrooms. Externally, there is allocated and visitor parking with communal gardens and secure intercom access.Agents Note - This is 3 apartments for sale located within a block of 24 apartments.The leases all have 980 years remaining, and charges are as follows;Apartment 10: Ground Rent & Service Charge: £1,553.62 per annum - EPC rating C - Council Tax Band - BApartment 16: Ground Rent & Service Charge: £1,017.58 per annum - EPC rating B - Council Tax Band - A Apartment 17: Ground Rent & Service Charge: £1,144.78 per annum - EPC rating B - Council Tax Band - ABrochuresBasin Lane, TamworthBrochure