19 & 20 Park Dale West, Wolverhampton, WV1 4TE

Full Property Description:

Location

Parkdale West stands in an especially convenient situation within easy reach of the extensive amenities afforded by the City Centre. Local facilities are within walking distance and the apartments are superbly located for easy access to several notable schools. The open spaces of Parkdale itself provide delightful recreational areas and the properties stand in a Conservation area.

Investment

A rare opportunity to acquire two investment properties which have been in the same ownership for nearly 40 years. 19 & 20 Parkdale West were converted into apartments in the 1970's.

They are now coming to the market as an excellent investment opportunity.

There are currently 12 apartments in total (6 per house) and there is the potential to convert the basements which could create a further two apartments (subject to gaining all necessary planning permissions and necessary consents).

Each apartments has its own services connected.

There is communal parking to the front and garaging (in need of repair) to the rear.

There is a service road to the rear giving access to two large / possible double garages.

The council tax band for each apartment is A - Wolverhampton City Council

The properties will be sold subject to any existing tenancies at completion.

Current rents

19a - vacant
19b - £525 pcm
19c - £525 pcm
19d - £425 pcm
19e - £465 pcm
19f - vacant
20a - £450 pcm
20b - £525 pcm
20c - vacant
20d - vacant
20e - vacant
20f - £467 pcm

Services

We are informed by the Vendors that all mains services are connected
COUNCIL TAX BAND A per apartment – Wolverhampton
POSSESSION Vacant possession will be given on vacant apartments
VIEWING Please contact the Tettenhall Office.
The property is FREEHOLD and is being sold as one unit.
Broadband – Ofcom checker shows Standard / Superfast / Ultrafast are available
Mobile – Ofcom checker shows three of the four main providers are likely to cover the area inside and all four cover the area outside
Ofcom provides an overview of what is available, potential purchasers should contact their preferred supplier to check availability and speeds.

Epcs

19a - D
19b - D
19c - D
19d - E
19e - E
19f - D
20a - exempt
20b - D
20c - exempt
20d - E
20e - D
20f - D

Nb

In accordance with the relevant legislation it is hereby disclosed that the seller of this property is related to an employee of Berriman Eaton Ltd.

THE PROPERTY IS BEING SOLD SUBJECT TO ANY TENANCIES BEING IN EXISTENCE AT THE TIME OF COMPLETION. NO FURTHER RENTAL MARKETING IS BEING DONE ON THE VACANT FLATS.