• Being sold by GOTO online auction +
• Buy-it-now option available +
• Buyers Fee Payable +
• Six bedrooms +
• Bedroom with en-suite +
• Communal kitchen +
• Communal lounges +
• Communal bathroom & shower room +
• Licenced HMO +
• Garage and PARKING +

Invest in this fantastic opportunity for a licensed House in Multiple Occupation (HMO) with an impressive  £38,700 per annum rental income. This beautiful Victorian, large detached house retains original features and is situated on a generous plot within walking distance to the picturesque Victorian West Park.

Upon entering, you are greeted by a large, bright hallway that sets the tone for the spacious accommodation within. The ground floor features two large double bedrooms, a communal kitchen with white cupboards, a double oven, a hob, and space for under-counter appliances, as well as a communal bright and spacious lounge.

Ascending to the first floor, you'll find a spacious landing leading to a large bedroom with an ensuite shower room, two additional double bedrooms, a communal bathroom, and a communal shower room. The second floor offers a spacious landing and two more double bedrooms.

Outside, the property boasts a large private garden that is currently low-maintenance, with decking and off-road parking available. A garage provides additional storage or parking options.

Conveniently located near local shops, public transport links, and major road networks, this property is just 1 mile from Wolverhampton city centre and approximately 50 minutes from Birmingham Airport. With its potential for high rental income and prime location, this HMO presents an excellent investment opportunity for savvy investors seeking a profitable and attractive property. Don't miss out on this chance to add a promising asset to your portfolio - schedule a viewing today!

EPC Rating: D Council Tax band: D MATERIAL INFORMATION The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions. To book a viewing visit Yopa. Auctioneer's Comments: This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department. Buyer Fees Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6,600 including VAT and a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market. Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.