St. Michaels Court, Wolverhampton WV6 1 bed flat for sale

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St. Michaels Court, Wolverhampton WV6 1 bed flat for sale

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.
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