1 bed flat

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1 bed flat

St. Cecilias Oakment Drive, Wolverhampton, West Midlands WV11
£53,000

Our Summary

  • Investment Opportunity – WV11 (Near New Cross Hospital)
  • With an asking price of £53,000, this property represents an ideal high-yield, hands-off investment opportunity

Description

This one-bedroom flat is located in a well-maintained building near New Cross Hospital and offers a private balcony, ample storage, and allocated parking, making it attractive to long-term tenants. Currently let at £650 per month, it generates a net income of £5,200 per annum after service charge and ground rent, with a reliable tenant already in place. With a gas safety certificate and co alarm installed, the property is compliant with current regulations. Priced at £53,000, it represents a high-yield, hands-off investment opportunity for those looking for a hassle-free return.