- Buy-To-Let Investment Opportunity +
- For Sale by Modern Method of Auction +
- Allocated Parking +
- Chain Free +
Concentric Sales & Lettings are delighted to present a unique chance to secure a high-yield investment with an immediate rental income. Situated in the sought-after Oxley area of Wolverhampton, this two-bedroom apartment is currently tenanted, generating a steady rental income of £650 per month. Perfect for investors looking for a seamless landlord-to-landlord transition!
The property offers spacious living with thoughtful design throughout, including generous inbuilt storage and the convenience of allocated parking. Upon entering, you're greeted by a well-lit hallway that leads to two comfortable bedrooms and family bathroom. The open-plan kitchen and lounge area create a welcoming space, with the added luxury of a Juliet balcony off both the master bedroom and lounge, accessible via elegant French doors.
This low-maintenance property is ideal for investors seeking a ready-made addition to their portfolio, with a reliable rental history and great potential for future appreciation in a growing rental market. Don't miss this hassle-free investment opportunity in a thriving area.
Tenure: Leasehold
Years Remaining: 981
Service Charge and Ground Rent: £1466.58
EPC: C
Council Tax Band: A
Property Type: Apartment
Heating: Gas
Parking: Allocated
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Reception 1
Kitchen
Bedroom 1
Bedroom 2
Bathroom
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
Buy-To-Let Investment Opportunity
For Sale by Modern Method of Auction
Allocated Parking
Chain Free