Commercial property for sale on
Victoria Street
Cannock Town Centre, Cannock, WS11

£900,000 OIRO
994
Call Us 01543 211 001

Features

  • Currently achieving £44,280.00 per annum!
  • Immaculately kept
  • Comprising four one bedroomed flats and five studios
  • Quiet location although close to Cannock
  • Walking distance from local amenities and transport links
  • Sitting in a generous plot of land with further build potential STPP
  • Parking for all residents
  • Spacious room dimensions throughout
  • Huge garden space
  • All flats fully let with long term residents
  • Council Tax Band: A

Description

Tenure: Freehold

*9 self contained flats and studios!* *Currently achieving £44,280 per annum!* *All properties managed by Belvoir!*

If you're looking for a unique freehold investment opportunity in the shape of 9 immaculately kept self contained one bedroom and studio apartments, look no further than Victoria Street! Ideally located for walking access into Cannock town centre the property will make a really reliable investment. The home sits in a generous plot allowing for further expansion subject to planning permission and each property hasn't undergone a rental increase in significant time. We estimate the property to achieve £48,000 per month upon rent increases to market value. 

EPC rating: Unknown. Council tax band: A, Tenure: Freehold,

Mortgage Calculator

You could pay £4,736 a month for this property

Need more advice?
Please be aware, your results are only an estimate and should not be considered as a mortgage quote. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.