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£1,750,000

Juliet Court, John Street, Ettingshall, Wolverhampton, West Midlands, WV2

  • 14 beds
Flat
Under offer/SSTC

£1,750,000

  • 14 beds
Flat
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Estimate monthly mortgage payment:

£7,989 per month

Minimum deposit amount:

£87,500
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This is a fantastic investment opportunity to acquire a modern FREEHOLD investment property comprising of 14 modern two bedroom apartments, five apartments with ensuites, all currently tenanted and providing a gross rental income of over £8,000 per calendar month (Over £96,000 per annum)


Constructed in 2008, this development is located just off the Wellington Road (A41) and offers excellent commuting links both by road and tram services, giving direct access to Birmingham City Centre yet only being a short distance away from Wolverhampton City itself.

The tram services stops locally are THE CRESCENT, BILSTON CENTRAL AND PRIESTFIELD and it is a direct route to Birmingham City Centre.

Train stations locally are Coseley Station yet bus routes are only a short walk away should this public transport be more beneficial.

The development occupies a fantastic plot with well-maintained communal parking and gardens and a communal enclosed brick built bin store and bike shed for all residents.
This sale will of course include the Freehold interest and the development is on one title.

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£7,989 per month
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Stamp Duty tax
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£121,250
Mortgage and legal costs:
£999
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