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6 bedroom terraced house for sale
Lea Road, Pennfields, Wolverhampton, WV3
£230,000
Lea Road, Pennfields, Wolverhampton, WV3
£230,000
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) generating a substantial income of approximately £36,000 per annum. The ground floor features two double bedrooms, a communal living room, kitchen, utility area, bathroom, and separate WC, while the first floor has four generously proportioned double bedrooms and a communal shower room. The property also boasts an enclosed garden to the rear. Located just one mile from Wolverhampton city centre, it offers easy access to amenities and entertainment options. With a strong circa 13% rental yield, this property presents a great opportunity for investors looking to capitalize on a lucrative investment.