Coppice Court, 57 Coppice Road, Walsall Wood, Walsall, WS9 9BH

A fully let freehold, residential investment opportunity.

Property details

Type Investment
Tenure Freehold, subject to existing tenancies.
Price £470,000
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Features
  • 5 self contained apartments within detached modern Freehold apartment block
  • Share of Freehold ownership
  • Secure gated car parking and communal gardens
  • Popular location
  • All apartments let producing £32,940 per annum
  • Offers invited on £470,000
Location
Coppice Court occupies a prominent position along Coppice Road in Walsall Wood, which leads directly of the main A461 Lichfield Road. The property enjoys easy access to all local amenities and local transport , whilst Walsall Wood itself sits between Aldridge & Brownhills affording excellent links to the major road networks.
Description

The property comprises a modern purpose built detached block of 11 apartments set beyond secure gated access and a communal car park. This sale comprises five of the apartments and a share of the overall Freehold ownership.

Accommodation
3 Coppice Court – Ground Floor, one bedroom,1 bathroom apartment
5 Coppice Court – First Floor two bedroom , 1 bathroom apartment
6 Coppice Court – First Floor one bedroom, 1 bathroom apartment
8 Coppice Court – First Floor, one bedroom, 1 bathroom apartment
10 Coppice Court - First Floor, two bedroom, 1 bathroom apartment
Price
Offers are invited on £470,000 for the Freehold interest, subject to the existing tenancies.
Tenancy
3 Coppice Court – £525 pcm
5 Coppice Court – £595 pcm
6 Coppice Court – £550 pcm
8 Coppice Court – £450 pcm
10 Coppice Court - £625 pcm
Total Rent - £2,745pcm, equating to £32,940 per annum.
VAT
VAT may or may not be applicable. Purchasers should satisfy themselves in this regard.
EPC
Available upon request.
Legal Costs
Each party are to responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.