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5 bed property, in 2c, £650,000
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5 bed terraced house

2c, 2d, 2e Woodthorne Grange, Woodthorne Road, Tettenhall, Wolverhampton, WV6 8TP
£650,000

Our Summary

  • INVESTMENT OPPORTUNITY
  • Woodthorne Grange is a detached converted building on a corner plot in a highly sought-after location, offering a strong investment opportunity
  • Description - Woodthorne Grange is a detached converted building occupying a corner plot, in this highly sought after location, offering a strong investment opportunity comprising three self-contained duplex apartments, all currently tenanted and producing immediate rental income
  • There is potential to convert back into a large private dwelling, should buyers so wish
  • The combined rental income is £2,945 per calendar month, offering an attractive income-producing investment opportunity

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Description

Woodthorne Grange is a detached converted building on a corner plot in a highly sought-after location. The property consists of three self-contained duplex apartments, each with its own private access or shared access via a communal courtyard. The apartments have a total of five parking spaces.

The property has communal gardens to the front, side, and rear, and a communal car park. Each apartment has a unique configuration, with two-bedroom apartment 2C and one-bedroom apartment 2E boasting £1,050 and £900 monthly rental incomes, respectively, while two-bedroom apartment 2D is let for £995 per month. The property also benefits from broadband availability and good mobile phone coverage.