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187 Tettenhall Road, Wolverhampton... 6 bed detached house for sale
187 Tettenhall Road, Wolverhampton, WV6 0BZ
£850,000
187 Tettenhall Road, Wolverhampton, WV6 0BZ
£850,000
Our Summary
- For Sale By Public Auction on 06 February 2025 starting at 08:30 AM - A freehold detached investment property of 6 self contained flats with planning consent for the erection of a detached three bedroom bungalow to the rear Current gross rental income £70,200 PA A freehold detached property situated in a conservation area set back from the road behind a foregarden with a gated drive in drive out access and tunnel entry to rear parking
- Planning Planning consent was granted for the construction of a single detached bungalow to the rear under application 23/00433/FUL on 29/06/1923 by Wolverhampton City Council (full planning details will be available within the legal pack)
- Please note offers may be considered prior to the Auction Sale
- Total monthly rental income £5,850pcm Rent per annum £70,200 per annum Live-Streamed Auction Please note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
This freehold detached property is situated in a conservation area and offers a unique investment opportunity. The property currently generates a gross rental income of £70,200 per annum from six self-contained flats, which are set over ground and first floors with a converted coach house. The property also has planning consent for the construction of a detached three-bedroom bungalow to the rear. The property benefits from gas-fired central heating and double glazing, and has a foregarden with a gated drive-in and drive-out access, as well as rear gardens. The property is tenanted, with CCTV and gas heating costs charged to the tenants. Offers may be considered prior to the auction sale, and the property will be sold live-streamed via the auctioneer's website.