>
6 bedroom terraced house for sale
Lea Road, Pennfields, Wolverhampton, WV3
£270,000
Lea Road, Pennfields, Wolverhampton, WV3
£270,000
Our Summary
- Don't miss this fantastic investment opportunity featuring a licensed House of Multiple Occupancy (HMO) generating an impressive income of approximately £36,000 per annum
- Birmingham Airport is approximately 50 minutes away, making travel accessible for residents and potential tenants
- Don't wait to seize this opportunity – schedule a viewing today and explore the potential of this lucrative investment
- Investment opportunity with circa £36k income per annum
Description
This property is a licensed House of Multiple Occupancy (HMO) that generates an impressive income of approximately £36,000 per annum, making it an attractive investment opportunity. The property features a spacious ground floor with two double bedrooms, a communal living room, kitchen, and bathroom, as well as a separate WC. The first floor offers four generously proportioned double bedrooms and a communal shower room. The property also boasts an enclosed garden to the rear, providing a peaceful outdoor space for residents. Located near local shops, public transport links, and major road networks, the property is just 1 mile from Wolverhampton city centre and approximately 50 minutes from Birmingham Airport. With a strong circa 13% rental yield, this property presents a lucrative investment opportunity for those looking to capitalize on a licensed HMO.