1 Bedroom Studio Sold in West Bromwich, B71
| Reference | 52169 |
| Address |
Flat 9, Salisbury House, Lily Street, West Bromwich, B71 (Map Location) |
| Beds | 1 |
| Baths | 1 |
| Type | Studio |
| Tenure | Leasehold |
Stylish Studio Flat in West Bromwich – Move-in Ready & Great Investment Potential 📍 Salisbury House, Lily Street, West Bromwich, B71 1QD 💰 Guide Price: £52,000 📜 Tenure: Leasehold – 103 years remaining
Description
- Smart and spacious studio apartment
- Recently fitted kitchen with electric oven, hob & fridge freezer
- Bright open-plan living and sleeping area
- Modern shower room with electric unit, extractor fan & mirrored cabinet
- Clean wood-effect laminate flooring throughout
- Electric heating and ample built-in storage
- Secure communal entrance
- Off-street parking
- Chain-free – ideal buy-to-let or first home. Vacant possession available
💼 Investor Information:
✅ 103 years lease remaining (from 3rd Sept 2003)
📈 Excellent rental demand in the area
🧾 Service charge: £1,200 per annum
💷 Ground rent: £75 per annum
💸 Expected rental income: £7,800 per annum
💷 Gross Yield: 14%
✅ Area = 24 sqm
🚪 Chain-free & ready to let immediately
📞 Contact now to arrange your viewing – whether you're an investor or first-time buyer.