**Standout Features:**
- 16 Freehold, 2-bedroom apartments
- Net initial yield of 7.0%
- Fully let investment, generating potential annual income of £168,000
- Modern design with open-plan kitchens, ensuite bathrooms, and WC
- Gated property with private car park
- Convenient urban location in Oldbury
- Excellent mobile signal and fast broadband speeds
**Concerns:**
- Very high crime rate in the area
- Located in a deprived urban setting
**Summary:**
Discover a lucrative investment opportunity with this modern apartment building located on New Meeting Street in Oldbury. Featuring 16 well-designed two-bedroom apartments, each unit is fitted with stylish open-plan kitchens and convenient ensuite bathrooms, making them highly appealing to tenants. The property boasts a secure, gated entrance and private parking, ensuring a tranquil living experience. With its attractive 7% net yield and fully let status generating an impressive annual income of £168,000, this property is an investor's dream.
While the crime rate in the area is notably high and the locality is characterized as deprived, the location offers urban convenience with easy access to local amenities, schools, and transport links. The combination of modern construction and investment potential positions this property as a high-value asset that may not remain on the market for long. Don't miss your chance to own a piece of this desirable real estate!
