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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
- This property is for sale by Online Auction
- The Online Modern Method of Auction is a flexible buyer friendly method of purchase
- Being sold by GOTO online auction
- Investment opportunity with circa £36k income per annum
Description
This fantastic investment opportunity features a licensed House of Multiple Occupancy (HMO) generating a substantial income of approximately £36,000 per annum. The property boasts a spacious layout, with a welcoming hallway, two double bedrooms, a communal living room, fitted kitchen, and separate WC and bathroom. The first floor features four generously proportioned double bedrooms and a communal shower room. The property also benefits from an enclosed garden to the rear, perfect for residents to enjoy. Located just one mile from Wolverhampton city centre, this property offers easy access to amenities and entertainment options, as well as proximity to Birmingham Airport. With a strong circa 13% rental yield, this licensed HMO presents a great opportunity for investors to capitalize on a lucrative investment.