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This property was removed from Dealsourcr.

6 Bed HMO, Wolverhampton, WV3 0LG £270,000

Lea Road, Pennfields, Wolverhampton, WV3 0LG - 24 views - 8 months ago
  1. Deal Search
  2. Wolverhampton
  3. WV3
  4. WV3 0LG
HMO
ROI: 12%
~186 m²

ValuationUndervalued

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Links

  • More Deals in Wolverhampton
  • More Deals in WV3
  • More HMO Deals
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Property History

Listed for £270,000

April 7, 2025

Floor Plans

Description

  • Licenced HMO +
  • Investment opportunity with circa £36k income per annum +
  • Circa 13% rental yield +
  • Rear garden +
  • Six bedrooms +
  • Communal kitchen +
  • Communal bathroom & shower room with separate W.c. +
  • Communal lounge +

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.

The ground floor of this property offers a spacious layout, starting with a welcoming hallway featuring Minton tiled flooring, leading down to a cellar.  Two double bedrooms are ideal for tenants. The communal living room is bright and airy, providing a comfortable space for socialising and relaxation. The fitted kitchen and utility area cater to the practical needs of the residents. A bathroom and a separate WC add convenience for shared living arrangements.

On the first floor, you will find a well-appointed landing leading to four generously proportioned double bedrooms, offering ample space for individual comfort. A communal shower room completes the first-floor layout, providing essential facilities for the occupants.

Outside, the property boasts an enclosed garden to the rear, mainly laid to lawn, offering a green and peaceful outdoor space for residents to enjoy.

Conveniently located near local shops, public transport links, and major road networks, this property is situated just 1 mile from Wolverhampton city centre, offering easy access to amenities and entertainment options. Birmingham Airport is approximately 50 minutes away, making travel accessible for residents and potential tenants.

This licensed HMO presents a great opportunity for investors looking to capitalise on a property with a strong circa 13% rental yield. Don't wait to seize this opportunity – schedule a viewing today and explore the potential of this lucrative investment.

EPC Rating: C Council Tax Band: B Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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