FAST FACTS
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Price :Starting from £80,000
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Rental Yield :7.25% expected net rental income
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Completion Date :May-21
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Deposit Interest :May-21
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Tenure :250 years Leasehold
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Developer :Oak Property Trading Ltd
Oak Court
A fantastic development of 1 & 2 bed apartments with an outstanding location in the heart of the UK. Set in the heart of the UK, in a region that is home to over 10 million people. This project is a fantastic new development comprising 78 one and two bedroom apartments. Due for completion in (May, 2021), the property is located in an area that’s seeing rapid economic growth and rising demand for good quality accommodation. Each apartment will be finished to an impressive specification with Karndean flooring and carpets throughout, plus a fully fitted kitchen that comes complete with integrated white goods. Each unit also boasts a contemporary tiled bathroom, LED lighting and window blinds. Allocated parking spaces are available.
It’s an area that affords easy access to open spaces and leisure facilities. There are several attractive parks situated close by including a local nature reserve that’s virtually on the doorstep. It’s also conveniently situated for the beautiful canal side area, which is home to a host of bars and restaurants.
The company driving the transformation of the project is Empire – a market leader in property development and construction. It creates innovative living spaces through a combination of property conversions and new-build projects. One of its principal specialisms entails developing modern, stylish residential apartments from vacant commercial buildings. This Project is an excellent example.
7% increase in house prices in the last 12 months, Dudley has plenty going for it.
Gross yields of up to 8.5%
Net yields of up to 7.38%
Facilities:
LUXURY BATHROOM
- Fully Tiled Bathroom
- Wc, Basin, Shower
- Towel Rail Radiator
- Mirror
- Bathroom Ironmongery
GENERAL
- Karndean Flooring in The Kitchen Area
- Carpet to Living Room, Hallway and Bedroom
- Electric or Gas Heating and Hot Water
- Led Lighting
- Smoke Alarm
- Blinds to Windows
- TV Ariel
- Wireless Internet Access and Electrical Sockets
FULLY FITTED MODERN KITCHEN
- High Gloss Units
- Quality Worktops
- Stainless Steel Basin
- Integrated White Goods
Location:
- 12 mins walk to Merry Hill Shopping Centre – 0.6 miles
- 9 mins walk to Canalside – 0.5 miles
- 9 mins walk to Brierley Hill town centre – 0.4 miles
- 21 mins walk to Russells Hall Hospital – 1.1 miles
- 24 mins train to Birmingham – 11 miles
- 10 mins drive Dudley – 2.6 miles
- 30 mins drive Wolverhampton – 9.7 miles
- 20 mins drive to West Bromwich – 7.1 miles
- 45 mins drive to Birmingham International – 29 miles –
- 2 hrs 10 mins drive to London – 128 miles
Why Invest in Midlands?
- Despite the challenges of Covid, the West Midlands remain a very attractive destination for property investment.
- A strong and resilient economy
- Massive inward investment
- A growing population
- A rapid rebound on the part of many high-value
- Knowledge-based industries