2 Bedroom Apartment

A prime turn-key investment opportunity featuring two self-contained, one-bedroom flats sold together as a single lot, generating an immediate gross rental income of £15,540 per annum (£1,295 PCM combined). Ideally situated close to Russells Hall Hospital with seamless transport links to Dudley, Kingswinford, and Brierley Hill, this fully let and professionally managed asset offers an exceptional yield for buy-to-let investors seeking instant cash flow.

Inside, the accommodation for each unit comprises: lounge, kitchen, double bedroom, shower/bathroom. (Please refer to the enclosed floor plans for exact layouts and room dimensions).

The property benefits from: a dual-title setup where Flat 37A is held on a Freehold title and Flat 37B on a Leasehold title, with the vendor open to restructuring the title configurations to suit the buyer's preferences.

Investment & Property Overview

Financial Breakdown

Flat 37A: £700 PCM (£8,400 per annum)
Flat 37B: £595 PCM (£7,140 per annum)
Total Rent Roll: £1,295 PCM (£15,540 per annum)

Title Configuration

Flat 37A is currently held on a Freehold title, while Flat 37B is on a Leasehold title. The properties are being sold as one combined lot, and the seller is open to altering the title setup to meet the purchaser's legal or mortgage requirements.

Compliance & Documentation

A full legal and auction pack is available, containing detailed tenancy agreements, valid Electrical Installation Condition Reports (EICRs), Energy Performance Certificates (EPCs), deposit protection certificates, and recent property management inspection reports. There are no outstanding maintenance issues reported as of the listing date.

Viewings & Marketing Note

To respect the privacy of the tenants, no internal viewings will take place. Marketing photography accurately reflects the condition (Flat 37A photos taken June 2026; Flat 37B photos taken July 2025) accompanied by recent property management inspection reports in the auction pack.

Auctioneers Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.