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MAYFIELD COURT, SUTTON ROAD, WALSALL


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A first floor self-contained flat offered for sale for investment purposes only. 
The property is conveniently situated off Sutton Road, well served by all local amenities.
We understand the property is currently producing a rental income of £470 per calendar month (i.e., £5,640 per annum) on a long term rental agreement.


A first floor self-contained flat offered for sale for investment purposes only.  

The property is conveniently situated off Sutton Road, well served by all local amenities.

We understand the property is currently producing a rental income of £470 per calendar month (i.e., £5,640 per annum) on a long term rental agreement.

The accommodation briefly comprises the following:- (all measurements approximate)

COMMUNAL HALLWAY with push button doorbell and with one flight of stairs leading to

FLAT 5

RECEPTION HALL with cloaks area off.

LOUNGE 17’ 3” x 12’ (5.26m x 3.66m) with storage heater, double glazed window and door leading to BALCONY.

KITCHEN 9’ 6” x 7’ (2.90m x 2.13m) with part tiled walls, tiled flooring, a full range of fitted base and wall cupboards, inset stainless steel sink unit, fitted ceramic hob, built-in oven, microwave, plumbing for automatic washing machine, and UPVC double glazed window.

BEDROOM 13’ 2” x 10’ (4.01m x 3.05m) with double wardrobe, UPVC double glazed window and electric storage heater.

TILED BATHROOM with bath having Triton electric shower over, w.c., wash hand basin, electric towel radiator and electric wall heater.

OUTSIDE

GARAGE in separate block.

SERVICES
Company water, electricity and mains drainage are available at the property.    Please note, however, that no tests have been applied in respect of any services or appliances.

TENURE
We understand the property is LEASEHOLD for a term commencing 21 January 2008 to 25 March 2151, although we have not had sight of the Title Deeds for confirmation and prospective purchasers are advised to clarify the position via their Solicitors.

SERVICE CHARGE
We understand that SERVICE CHARGE at Mayfield Court is currently invoiced half yearly in arrears based on actual expenditure incurred during that period (to end of March/September) and is therefore variable.   There is no service charge fund/reserve, so whenever significant works are required additional contributions are collected from leaseholders before an order is placed.   We further understand that routine charges over the last few years have been around £610 per annum (total for March/September) but in addition each leaseholder has recently contributed a further £1445 towards the cost of some replacement windows and roof works.   Prospective purchasers are advised to clarify the position via their Solicitors.

TENANCY
We understand the property is presently let on a long term lease from 9 October 2015, originally commencing at £400 per calendar month, subject to an annual review on the rent commencement date.   We have been informed that the current rental income id £470 per calendar month, i.e., £5,640 per annum (April 2022).

FIXTURES & FITTINGS
Items in the nature of fixtures and fittings are excluded unless mentioned herein.

COUNCIL TAX
We understand from www.voa.gov.uk that the property is listed under Council Tax Band A with Walsall Council.

VIEWING
By application to the Selling Agents on 01922 627686.

© FRASER WOOD 2022.

AP/DBH/22/03/22

MONEY LAUNDERING REGULATIONS
Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in providing this, in order that there will be no delay in agreeing a sale.

IMPORTANT NOTICE FOR PEOPLE VIEWING PROPERTIES
Fraser Wood (Midlands) Limited take the health and safety of our staff members and the general public seriously.  We have implemented the following procedures for viewing properties safely during Covid-19.  These procedures are in accordance with the Government safety guidelines and must be adhered to at all times.
• Applicants are encouraged to view the outside of a property in the first instance (if they live locally)
• Applicants are encouraged to watch the video tour (if available)
• If you still wish to view the property, then we can arrange this.   Everyone must follow the Government safety guidelines.
• You cannot view a property if any party is showing symptoms or has been asked to self-isolate before going ahead with any viewing
• Only Two (adult) viewers can enter the property
• Face coverings must be worn.   No face mask no entry to property
• You cannot touch any surfaces
• Viewers must maintain a minimum of 2 meters distance from others wherever possible
• You are viewing at your own risk

NOTE:  We endeavour to ensure that our sales details are accurate and reliable, but if there is any point which is of particular importance to you, then please contact the office and we will be happy to check the information.  Do so particularly if you are contemplating travelling some distance to view the property.

A first floor self-contained flat offered for sale for investment purposes only.  

The property is conveniently situated off Sutton Road, well served by all local amenities.

We understand the property is currently producing a rental income of £470 per calendar month (i.e., £5,640 per annum) on a long term rental agreement.

The accommodation briefly comprises the following:- (all measurements approximate)

COMMUNAL HALLWAY with push button doorbell and with one flight of stairs leading to

FLAT 5

RECEPTION HALL with cloaks area off.

LOUNGE 17’ 3” x 12’ (5.26m x 3.66m) with storage heater, double glazed window and door leading to BALCONY.

KITCHEN 9’ 6” x 7’ (2.90m x 2.13m) with part tiled walls, tiled flooring, a full range of fitted base and wall cupboards, inset stainless steel sink unit, fitted ceramic hob, built-in oven, microwave, plumbing for automatic washing machine, and UPVC double glazed window.

BEDROOM 13’ 2” x 10’ (4.01m x 3.05m) with double wardrobe, UPVC double glazed window and electric storage heater.

TILED BATHROOM with bath having Triton electric shower over, w.c., wash hand basin, electric towel radiator and electric wall heater.

OUTSIDE

GARAGE in separate block.

SERVICES
Company water, electricity and mains drainage are available at the property.    Please note, however, that no tests have been applied in respect of any services or appliances.

TENURE
We understand the property is LEASEHOLD for a term commencing 21 January 2008 to 25 March 2151, although we have not had sight of the Title Deeds for confirmation and prospective purchasers are advised to clarify the position via their Solicitors.

SERVICE CHARGE
We understand that SERVICE CHARGE at Mayfield Court is currently invoiced half yearly in arrears based on actual expenditure incurred during that period (to end of March/September) and is therefore variable.   There is no service charge fund/reserve, so whenever significant works are required additional contributions are collected from leaseholders before an order is placed.   We further understand that routine charges over the last few years have been around £610 per annum (total for March/September) but in addition each leaseholder has recently contributed a further £1445 towards the cost of some replacement windows and roof works.   Prospective purchasers are advised to clarify the position via their Solicitors.

TENANCY
We understand the property is presently let on a long term lease from 9 October 2015, originally commencing at £400 per calendar month, subject to an annual review on the rent commencement date.   We have been informed that the current rental income id £470 per calendar month, i.e., £5,640 per annum (April 2022).

FIXTURES & FITTINGS
Items in the nature of fixtures and fittings are excluded unless mentioned herein.

COUNCIL TAX
We understand from www.voa.gov.uk that the property is listed under Council Tax Band A with Walsall Council.

VIEWING
By application to the Selling Agents on 01922 627686.

© FRASER WOOD 2022.

AP/DBH/22/03/22

MONEY LAUNDERING REGULATIONS
Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in providing this, in order that there will be no delay in agreeing a sale.

IMPORTANT NOTICE FOR PEOPLE VIEWING PROPERTIES
Fraser Wood (Midlands) Limited take the health and safety of our staff members and the general public seriously.  We have implemented the following procedures for viewing properties safely during Covid-19.  These procedures are in accordance with the Government safety guidelines and must be adhered to at all times.
• Applicants are encouraged to view the outside of a property in the first instance (if they live locally)
• Applicants are encouraged to watch the video tour (if available)
• If you still wish to view the property, then we can arrange this.   Everyone must follow the Government safety guidelines.
• You cannot view a property if any party is showing symptoms or has been asked to self-isolate before going ahead with any viewing
• Only Two (adult) viewers can enter the property
• Face coverings must be worn.   No face mask no entry to property
• You cannot touch any surfaces
• Viewers must maintain a minimum of 2 meters distance from others wherever possible
• You are viewing at your own risk

NOTE:  We endeavour to ensure that our sales details are accurate and reliable, but if there is any point which is of particular importance to you, then please contact the office and we will be happy to check the information.  Do so particularly if you are contemplating travelling some distance to view the property.

INVESTMENT ONLY - OFFERS £85,000

Location: Walsall - WS1 2PF
Address: MAYFIELD COURT, SUTTON ROAD, WALSALL
Type: Flat / Apartment/ Maisonette
Size: 1 bedroom
Status: Available
Local authority: Walsall Metropolitan Borough Council
Tax Band: A
  • INVESTMENT ONLY - SALE SUBJECT TO EXISTING TENANCY
  • FIRST FLOOR FLAT
  • ONE BEDROOM
  • LOUNGE
  • KITCHEN
  • BATHROOM with w.c.
  • GARAGE in separate block

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"Very pleased with the service from Lisa and the team at Fraser Wood in renewing the above tenancy."

KINGS COURT, SUTTON COLDFIELD
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