Summary - St. Marks Road, Tipton, DY4 DY4 0SU
4 bed 2 bath Block of Apartments
**Standout Features:**
- Multi-unit property consisting of 4 spacious residential flats
- Current annual gross income of £21,600
- Long-term tenants in place, assuring steady rental returns
- Off-street parking for residents
- Convenient location with access to local amenities and schools
**Notable Concerns:**
- Area crime rate is above average
- Situated in a socioeconomically challenged neighborhood
- Future renovations needed to enhance overall property appeal
**Summary:**
This four-flat block in Tipton is an exceptional buy-to-let investment opportunity, perfect for serious investors looking to expand their portfolio. With a stable income of £21,600 per annum from long-term tenants, this property promises a reliable cash flow. Each flat features spacious interiors and access to off-street parking, enhancing convenience for residents.
Set in a multi-ethnic area, the property is in reasonable condition but may require future renovations to maximize its full potential and attract higher-value tenants, making it the ideal fixer-upper. Despite some challenges due to higher crime rates and an economically depressed local area, its proximity to schools and amenities presents a compelling value proposition.
If you're interested in seizing this investment chance, don’t delay; opportunities like this, with strong rental potential, may not last long!
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