2 Bed Semi-Detached House, Motivated Seller, Wolverhampton, WV3 0RW £130,000

Merridale Street West, Wolverhampton, WV3 0RW - 9 days ago
Auction
Motivated
BTL
~103

Property History

Listed for £130,000

January 28, 2026

Floor Plans

Description

  • Close to Local Amenities +
  • 2 One Bedroom Flats +

A strong income producing investment opportunity comprising two self contained one bedroom flats within a converted semi detached property, offered together under a single freehold title. This is a rare chance to acquire two residential units in one transaction, making it particularly attractive to property investors seeking immediate income and yield. The property is conveniently located within walking distance of Wolverhampton City Centre, a proven and popular rental location, and is currently generating a combined rental income of £1,250 per calendar month, equating to an impressive gross yield of approximately 11.1%. Flat 62 Ground floor one bedroom flat Flat 62A First floor one bedroom flat EPC Rating for 62 is D EPC Rating for 62A is E The property is offered for sale by timed online public auction. Bidding opens at midday on 4th February 2026 and closes at midday on 6th February 2026. Prospective purchasers should register to bid in advance and download the legal pack once available. Auction Terms This property is offered through a traditional auction. Should you view, offer or bid your data will be shared with the Auctioneer, Sheldon Bosley Knight Auctions. The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. Please contact either Nock Deighton or Sheldon Bosley Knight Auctions for details on how to register to bid. The conditions may also be inspected in the Sale Room at the time of the sale but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not. The sale of this property will take place on the stated date by way of a live, in-room auction and is being sold as Unconditional with a Fixed Fee. Some sellers may consider a pre-auction offer, and the Lot may be sold or withdrawn before the auction. Binding contracts of sale will be exchanged at the point of sale. Auction Deposit and Fees The following deposits and non-refundable auctioneer’s fee apply. These will need to be paid to the auctioneer on exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Premium of £1,500 inc. VAT • Search pack of £420 inc. VAT There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Guide Price & Reserve Price The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition). Plans Plans shown are for identification purposes only. Services Mains electric, gas, water and drainage. Tenure and Possession The property and land are freehold with a tenant in situ (please refer to the Legal Pack for further details). Bidder Registration and Auction Legal Pack If you would like to register to bid, please head to the following link: passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/ You can opt to bid online, by telephone or by proxy. You will also be able to download the Auction Legal Pack for the Lot you are interested in here: auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk The Auction Passport requires you to input the details of your solicitor. If you would like to use our own preferred solicitors, please let us know and I will arrange for a quote to be sent to you. If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side ‘Click here to sign up for free' to create a new account. Legal Documents & Additional Costs It is essential bidders check the legal documents prior to bidding and take professional advice. Special conditions of sale can contain additional costs (that is costs over and above the price the lot is ‘knocked down’ at) and bidders are deemed to be aware of any additional costs prior to bidding. Viewings All viewings are by appointment only through Nock Deighton

EPC Rating: E

Agent Details

Nock Deighton, Telford

01952 458153

Next Steps?

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

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