1 Bedrooms for sale in Dingle Close, Dudley DY2 | £ 1,400,000

Overview

Price: £ 1,400,000
Contract type: For Sale
Type:
County: West Midlands
Town: Dudley
Postcode: DY2
Address: Dingle Close, Dudley DY2
Bathrooms: 0
Bedrooms: 1

Property Description

A fantastic opportunity to acquire a large portfolio of six residential properties that are let on 5 years fully repairing leases to a registered community interest company. The six properties are on (please note the first three properties listed are also available as a portfolio of three properties, the final three properties will only be sold as part of this portfolio of six properties) Vicar Street, Dudley, DY2 8RG, Waverley Street, Dudley, DY2 0YE, Watson Green Road, Dudley, DY2 7LR, Summerfield Road, Dudley, DY2 8JY, Bourne Street, Dudley, DY2 7AL and Dingle Close, Dudley, DY2 8AG. The combined monthly income generated is £4,920 (£59,040 per annum) which based on the asking price offers a potential net yield of 4.22%

Vicar Street

This is a six bedroom mid terraced room. Currently generates £825 pcm

Waverley Street

This is a 5 bedroom semi-detached property. Currently generates £770 pcm

Watson Green Road

This is a 4 bedroom detached property that currently generates £750 pcm

Summerfield Road

This is a 6 bedroom semi detached property with a hmo licence that currently generates £950 pcm

Bourne Street

This is a 6 bedroom terrace property with a hmo licence that currently generates £850 pcm

Dingle Close

This is a four bedroom detached house that generates £775 pcm


Property Location

Property Marketed by The Property Shop



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Address: 15 St Johns Road, Stourbridge,, West Midlands

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