Castle Court The Minories, Dudley, DY2 8PD
£88,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
410 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
242 years
Ground rent
£1
Service charge
£1,332.00 per year
Overview
This one-bedroom apartment at Castle Court, Dudley, offers a great buy-to-let investment opportunity with an asking price of £88,000, reflecting a 16.2% discount from its estimated value of £105,000. The property is currently tenanted, generating £650 per month in rent, yielding a gross return of 8.86%. The apartment benefits from a 243-year lease with an annual combined service charge and ground rent of £1,333. Situated close to local amenities and transport links, including Tipton and Dudley Port stations, this property is an ideal option for investors seeking strong yields in a high-demand area.
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