Summary - THE CO-OPERATIVE, QUINTON COURT, WARDLES LANE WS6 6DY
1 bed 1 bath Land
**Standout Features:**
- **Investment Opportunity**: 15 self-contained flats in a central location.
- **Gross Income**: Currently generating £108,573 annually; potential revenue (ERV) of £126,000.
- **Growth Potential**: Initial yield of 8%, reversionary yield of 9%.
- **Size Varieties**: 10 flats range from 77.02m² to 78.97m², and 5 flats from 57.88m² to 59.46m².
- **Community Amenities**: Close proximity to schools, shopping center, and public transport.
**Concerns:**
- **Age of Property**: Flats built approximately 50-60 years ago may require modernization.
- **Parking management**: Serviced via a rear road with shared parking for residents and customers.
**Summary:**
Discover an exceptional investment opportunity at Quinton Court, Walsall, featuring 15 self-contained flats with a solid rental income and strong growth potential. This strategically located property within the Great Wyrley Shopping Centre provides an attractive mix of spacious living—ranging from 57.88m² to 78.97m²—and immediate access to local amenities, including shops, schools, and public transport links. The area is a thriving commuter hub, ensuring a steady demand for tenancy in this sought-after location.
Although the property is dated, it offers unique renovation potential for those looking to increase its value. With 8 of the flats also having the advantage of garages, alongside ample onsite parking, this investment is not to be overlooked. Experience the vibrancy of suburban living, all while capitalizing on an appealing yield. Given the increasing demand in the area, opportunities like this are rare—act now to secure your future in a high-demand rental market!
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