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1 bedroom terraced house for sale
5 & 5a Salop Street, Wolverhampton WV3
£525,000
5 & 5a Salop Street, Wolverhampton WV3
£525,000
Our Summary
- Morgan Payne & Knightly Estate Agents are delighted to offer this mixed commercial and residential City Centre investment opportunity comprising of two shops and four one bedroom flats producing a rental income of £47,000 - 8
Description
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Morgan Payne & Knightly Estate Agents present a lucrative City Centre investment opportunity in the form of a mixed-use property featuring two retail units and four one-bedroom flats. This freehold property spans over 678 square feet on the ground floor and offers two additional one-bedroom flats on each of the first and second floors, making a total of four. The property is fully let, generating a substantial rental income of £47,000 per annum, yielding an impressive 8.95% return on investment. The property boasts an energy efficiency rating of B and is situated in the heart of the City Centre, offering excellent potential for both income and capital growth.