£700,000 /Sale price

Wolverhampton WV10

Overview

SUMMARY: Discover an opportunity with this Wolverhampton flat for sale and available for £700,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
**** BLOCK OF FLATS **** INVESTMENT OPPORUNTITY **** Bairstow Eves are delighted to offer for sale this attractive freehold block of six self-contained apartments,
presenting a rare and secure investment opportunity within a private gated development. The sale includes six individual leasehold titles together with two freehold titles, providing full ownership of the building and all associated communal areas.The block is of traditional brick construction and is arranged over multiple levels, comprising six well-proportioned two-bedroom flats. Four of the apartments benefit from two bathrooms, including an en-suite to the principal bedroom, while the remaining two offer two bedrooms and a modern family bathroom. All of the flats feature open-plan kitchen and living areas, designed to maximise both space and natural light, and each is fitted with gas central heating and generous built-in storage. The top-floor
apartment enjoys the added benefit of a private balcony accessed directly from the lounge, further enhancing its appeal.The flats are consistently presented and well laid out, making them highly attractive to both tenants and owner-occupiers. Five of the six apartments are currently let on rolling monthly agreements following their initial six-month ASTs, while one is presently unlet, offering immediate scope for additional income.The site itself forms part of a well-maintained, walled and gated development consisting of one block of six apartments, seven houses within the gated grounds, and two further properties located just outside the development. Within the gated area there are 26 allocated parking spaces, providing two spaces per property, along with dedicated bin stores and secure bike storage. The communal hallways, car park and shared areas are all included within the freehold.Each apartment is subject to a ground rent of £125 per annum. The structure of the titles, the quality of the accommodation and the secure setting all combine to make this a strong long-term investment with reliable fundamentals and future potential.This is a rare opportunity to acquire a complete freehold block within a gated development, offering income, control, and security in one compelling package.
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Details

  • Beds: 12
  • Baths: 10
  • Price: £700,000 /Sale price
  • Reference No.: 89778489

Amenities

  • Home
    • Freehold block of 6 self-contained flats
    • Freehold title included
    • Tenants in situ in 5 of 6 apartments
    • All flats two-bedrooms
    • 4 flats with en-suite to master
    • Open-plan kitchen/living areas
    • Top-floor flat with private balcony
    • Central heating throughout
    • Ample storage in all flats
    • 12 allocated parking spaces (2 per flat)

Location

Marketed by:

  • Bairstow Eves, Cannock
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This Flat for sale is located at Wolverhampton WV10. The home has 12 Bedroom and 10 Bathrooms. This 12 bedroom Flat in Wolverhampton is for sale for £700,000 /Sale price.

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