- Modern two bedroom apartment +
- Approximate 6% yield +
- Open plan living +
- Allocated parking space included +
- Tenant in situ +
- Popular development +
- Communal gardens +
- Secure intercom entry +
A well-presented two-bedroom flat, ideally situated within Lichfield House on the popular Lichfield Road in Willenhall. This property is being offered to investors only, with a tenant in situ, providing an attractive net yield of approximately 6% and a ready-made addition to any buy-to-let portfolio.
The accommodation comprises a bright and spacious living area with Juliette balcony, two well-proportioned bedrooms, a fitted kitchen, and a modern bathroom. The layout is practical and low maintenance, making it well-suited for long-term letting.
The location provides excellent transport links with easy access to Wolverhampton, Walsall, and the wider West Midlands via the M6. Local amenities, public transport connections, and everyday conveniences are all within walking distance, further enhancing its appeal to tenants.
With rental demand in the area remaining strong, this property represents a straightforward, income-generating investment opportunity. The existing tenancy ensures continuity of income, minimising void periods and offering investors immediate returns.
Enquire today to secure this turnkey buy-to-let opportunity.
Financial Breakdown
Gross Rent: £9,300.00
Net income: £6,510.00
Gross yield: 8.45%
Net yield: 5.92%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08401