Heath Street Mews Heath Street, Hednesford, Cannock, WS12 4BT

A fully let, freehold residential investment property.

Property details

Type Investment
Tenure Freehold, subject to existing tenancies.
Price £430,000
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Features
  • Detached modern Freehold apartment block
  • Comprising 4 self-contained apartments
  • Secure gated car parking to the front
  • Adjacent to open sports field
  • Fully let producing £23,760 per annum
  • Freehold - £430,000
Location
Heath Street Mews is situated off Green Heath Road which in turns leads of Station Road, thus enjoying close proximity to Hednesford railway Station. The property lies approximately 1 mile north of Hednesford Town centre, and Hednesford itself , sits approximately 1 mile north east of Cannock Town Centre , with the A5 & M6 major road networks accessible 3 miles to the south .
Description

The property comprises a modern purpose built detached block of apartments located adjacent to a sports ground and with good access to all local amenities. There are four self-contained apartments accessed via a communal front entrance door, set back beyond the communal car park to the front of the building.

Accommodation
1 Heath Street Mews – Ground Floor, two bedroom,1 bathroom apartment
2 Heath Street Mews – Ground Floor two bedroom , 1 bathroom apartment
3 Heath Street Mews – First Floor two bedroom, 1 bathroom apartment
4 Heath Street Mews – First Floor, two bedroom, 1 bathroom apartment
Price
Offers are invited on £430,000 for the Freehold interest, subject to the existing tenancies.
Tenancy
1 Heath Street Mews – £465 pcm
2 Heath Street Mews – £495 pcm
3 Heath Street Mews – £495 pcm
4 Heath Street Mews – £525 pcm
Total Rent - £1,980 pcm, equating to £23,760 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.