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Penn Road, Wolverhampton WV4 2 bed flat for sale
Penn Road, Wolverhampton, WV4
£170,000
Penn Road, Wolverhampton, WV4
£170,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom flat in Wolverhampton is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, lounge, kitchen, ensuite, bathroom, shared garden space, and shared private parking. Currently, it produces an annual gross income of £11,700 with tenants already situated, making it a worthwhile addition to an investor's portfolio. The tenants have lived in the property for several years, consistently paying their rent, and have no intention of moving out. With its proximity to valuable amenities and potential for future rental income, this property is a great option for investors.