“Pristine” 1 Bed Apartment, High Ridge Close, Aldridge, WS9 With Yields Of 8.49%

 

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A one bedroom apartment, High Ridge Close, Aldridge, WS9. The asking price is around £70000 with Cross & Co of Darlaston (0121 659 7913).

Check it out here: http://www.zoopla.co.uk/for-sale/details/39608115

This is just another quickie today. The reason being is that the property listing is shockingly lacking in information and details. However, based on the photos alone, it would be very remiss of me not to let you now about this real gem of a find. I’ve just got one word to describe this superb opportunity…Pristine! It really is top notch “good to go-ness”.

Let’s get in there, well…With what we know…

The property is located in a very nice exclusive newbuild estate. well within a few minutes of Rushall, Aldridge, Brownhills and Walsall town centres and the major road networks and amenities.

The heating looks like it is electric storage heaters and there is what looks like double glazed windows, though not UPVC.

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But just look at the spec, It really does look like no one has ever lived there and everything is there…Fully fitted modern kitchen and modern bathroom with electric shower. Hard wearing flooring with a mixture of laminate and carpet.

To protect privacy there is an intercom door entry system and there is also communal gardening and of-road parking.

The EPC tells us the property is above average and has the ability to be even better. The tenure is stated as leasehold, however this has not been confirmed, so anyone interested in buying would need to make the necessary checks to confirm.

The agent also states that the vendor is “highly motivated to sell”. I’m not sure what this means, but maybe a bit of negotiation may be in order?

I highly recommend a viewing on this one. I appraise the rental value at £495.00 pcm and if the property sells for the asking price the yield will be 8.49%.

If you wish to discuss this property further and have a detailed discussion about my opinion and thoughts of whether this is the right investment for you, please feel free to get in touch.  I am happy to share my opinion on any other property or properties you are thinking of purchasing.  Just send me the link.

Phone: 01922 311016

Email: info@ashmorelettings.co.uk

 

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