>
St. Michaels Court, Wolverhampton WV6 1 bed flat for sale
St. Michaels Court, Wolverhampton, WV6
£89,000
St. Michaels Court, Wolverhampton, WV6
£89,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Wolverhampton is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious bedroom, bathroom, lounge, and kitchen. Currently, it generates an annual gross income of £7,200, which could be increased to a market rate of £9,648 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out, providing a stable and secure investment. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.