- No upward chain! +
- Two large double bedrooms +
- Popular residential area +
- First floor flat +
- Secondary hallway entrance +
- Allocated parking +
- Currently achieving £575.00pcm +
- Option to purchase with an extended lease +
- Currently 80 years remaining on the lease +
- A genuine must-see! +
Call us any time between 9:00am and 9:00pm - 7 days a week - 365 days a year!
*NO CHAIN AND VACANT POSSESSION!*
*OPTION TO PURCHASE WITH AN EXTENDED LEASE SUBJECT TO NEGOTIATION!*
This immaculately presented two-bedroom first-floor flat is situated on Gorsey Lane in the popular Great Wyrley area and is offered to the market with no upward chain and the benefit of vacant possession upon completion, making it an excellent opportunity for both first-time buyers and investors alike!
The property has been exceptionally well maintained throughout and boasts impressively generous room proportions, rarely found within similar apartments. Accessed via a secure communal entrance with intercom system, the flat benefits from a secondary internal hallway, thoughtfully separating the communal areas from the main living accommodation and enhancing both privacy and practicality.
Internally, the accommodation briefly comprises a spacious internal hallway leading to a substantial storage room, ideal for household items and rarely seen within flats of this nature. The property further benefits from a large and well-proportioned living room, offering ample space for both lounge and dining furniture, alongside a fitted kitchen. A further internal hallway leads through to two excellent-sized double bedrooms, a separate WC and a bathroom, making the layout particularly functional for everyday living.
The flat is currently tenanted, with the tenant due to vacate prior to completion, ensuring vacant possession for the incoming purchaser. The property is presently achieving £575 per calendar month in rent, with a strong estimated market rental value of approximately £725 per calendar month, highlighting its excellent investment potential.
The lease currently has approximately 80 years remaining, however the property is being sold with the option to purchase with an extended lease, subject to negotiation. The service charge is payable monthly at £65.49, with a ground rent of just £10 per annum, offering reasonable ongoing costs for ownership.
Externally, the development benefits from allocated off-road parking, communal gardens to both the front and rear, and a secure intercom entry system. Ideally positioned close to a wide range of local amenities, schools and transport links, this property represents a fantastic opportunity for buyers seeking space, condition and value.
Early viewing is highly recommended to fully appreciate the size, presentation and investment potential on offer!
EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 80 years 9 months,