1 bedroom Apartment for sale: Walsall


  • bedrooms 1
  • bathrooms 1
Reference: 37079_IPD_TPW_1_2

Key Features

  • Superb new apartments in prime town centre location
  • Created in Walsall’s tallest building, an iconic landmark
  • Generous floor areas are from 409 sq. ft. to 463 sq. ft.
  • Contemporary open plan living and dining space
  • Custom built kitchens with integral appliances
  • Just 8 miles to Birmingham, 6 to Wolverhampton
  • Deferred payments to buy, pay £31,812 from rents
  • Guaranteed return of 7% a year for three years
  • Free letting and management fees for three years
  • Free allocated parking space worth £5000 included

Summary

This is an ideal opportunity to enter the residential investment market in the thriving historic town of Walsall, which is so much more than just the largest industrial town in the West Midlands.

Situated in a well known town centre building, the tallest in Walsall and just a few minutes’ walk from shopping and other amenities, stylish one bedroom apartments are being created by a leading developer with an outstanding track record and reputation. Over 130 apartments in the development have already been sold.

The excellent investment package includes a guaranteed return of 7% a year for three years, a free allocated parking space worth £5000 and free letting and management fees for the first three years. There is also an exceptionally advantageous payment scheme – see below for details.

Description

The development is located in the centre of Walsall, bringing all of the high street shopping favourites, along with coffee houses, pubs and restaurants, within just a few minutes’ walk. In addition to its local amenities, the development is particularly well served by public transport facilities, also within a short walk.

Established in 2007, the Birmingham based developer has established an excellent reputation and track record, with numerous fine developments completed in many different parts of the country.

The 147 apartments offer well proportioned accommodation, with floor areas ranging from 409 square feet to 657 square feet. They will provide contemporary open plan living and dining space with over-sized windows wherever possible, ensuring maximum natural light.
Hardwood veneer flooring and stainless steel sockets will feature throughout the accommodation and the high grade specification will include custom built kitchens with fitted cupboards and work tops, one and a half bowl sink with mixer tap and splashback and built-in oven and hob with cooker hood.

The stylish bathroom suites comprise a bath with shower rose and shower shelf, vanity unit with mixer tap to the wash basin, towel rail and lighting.

Walsall requires new homes to facilitate its rising local population resulting from extensive job creation within the region. It is ‘a re-development hotspot’, with recent projects including Walsall Manor Hospital (£174million), Walsall College (£65m), Waterfront South (£60m) and St Matthew’s Quarter (£25m), naming just a few of the significant infrastructure investments in the area.

These are important milestones for the thriving historic town, which caters for residents and visitors of
all ages. They also mean that these centrally located, stylish new apartments are expected to be much in demand by prospective tenants, leading to very considerable investment potential and opportunities.

The developer has a range of payment plans, from straightforward cash for the full amount to deferring nearly a third of the purchase price, this portion being paid directly from the rental income receivable. This arrangement will be in place for five years and also covers payment of the annual overheads of the property. The calculations are based on careful and realistic financial forecasts which indicate prospective gross returns on investment of 6.60% a year.

Walsall is strategically located in the West Midlands, with close links to Birmingham, eight miles to the south east, Wolverhampton, six miles to the west, Sutton Coldfield, Cannock, West Bromwich and instant access to the M6 Motorway, linking with the M5 and M42 Motorways. Its railway station is located in the town centre, with four trains an hour to Birmingham at peak times.

The Saddlers Shopping Centre is the social hub of the community and is the ideal place to meet friends and family and to eat, drink, work and enjoy leisure time. Of particular interest and importance is the nationally acclaimed Walsall Arboretum, a beautiful Victorian public park and green space of over 80 acres, which
has recently undergone major restoration.

The town has twelve junior schools, numerous secondary schools including comprehensives, academies, private and grammar schools. Walsall College provides further education and the town is home to the University of Wolverhampton’s Sports and Arts Campus and School of Education.

IMPORTANT NOTICES

No description or information about the development or its facilities, the suites, their plans, specifications or values, may be relied upon as a statement or representation of fact. The developer reserves the right to amend the plans, specifications, returns on investment and purchase prices as necessary and without notice. Nothing on this website constitutes or forms a contract or any part of a contract.

Any computer generated images which, together with photographs, illustrate this feature are intended to provide an impression of the development and its properties and may not be a true representation of the finished project, its facilities or the designs of the properties. Their accuracy is not guaranteed and they have no contractual value. Internal images may relate to a different property type in the development.

Intending buyers must make their own investigations and are advised to take appropriate independent advice from a qualified financial advisor and independent legal advice.

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Reference: 37079_IPD_TPW_1_2

Contact Agent

Investabroad Properties Ltd
Tel: 0044 121 616 5108