62&62A Merridale Street West... 2 bed apartment for sale

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62&62A Merridale Street West... 2 bed apartment for sale

62&62A Merridale Street West, Wolverhampton, West Midlands
£130,000

Our Summary

  • A fantastic investment opportunity comprising two 1-bedroom flats within a converted semi-detached house, split across the ground and first floors
  • EPC Rating for 62 is DEPC Rating for 62A is EFor Sale by Public AuctionAuction Details:Nock Deighton Land and Property AuctionWednesday 17th December, 1
  • 00pmLive Stream Auction – remote bidding available by either telephone, online or by proxy
  • Auction TermsThis property is offered through a traditional auction

Description

This is a fantastic investment opportunity consisting of two 1-bedroom flats located within walking distance of Wolverhampton City Centre. The property, which is held on a single freehold title, is currently generating a combined rental income of £1,250 per month, resulting in an impressive 11.1% yield. The flats are situated on the ground and first floors of a converted semi-detached house, and each benefits from its own unique character and charm. With an EPC rating of DE for the ground floor flat and E for the first floor flat, this property presents a great chance for investors to add a valuable asset to their portfolio. The property will be sold through a traditional auction, with the auction taking place on December 17th, and remote bidding options available for those who cannot attend in person.