13 Bed Detached House For Sale

FREEHOLD AND EPCS VARYING BETWEEN C AND E. CITY OF WOLVERHAMPTON COUNCIL TAX BAND A FOR EACH FLAT. This is a pair of large semi-detached homes being sold together for investment as a going concern and divided into 11 self-contained apartments, all but one of which is currently let at various rents but capable of producing in the region of £6000-7000 p.c.m. There are ten one bedroom flats, and one larger three bedroom flat. The empty apartment is in need of refurbishment. There is a large car park to the rear, a garage, and basements.
The left-hand property comprises two ground-floor apartments, three to the first floor, one of which is split-level,ne and then a sixth apartment apartment on the top floor. The right-hand property comprises three ground-floor apartments, a first floor apartment, and a larger three bedroom apartment. This property also has a large garage to the side. Both of the houses have cellars.
These properties are within the Chapel Ash area of Wolverhampton and are walking distance from the city centre, the university and railway station, and there are a number of supermarkets and places to eat nearby.
This is an ideal investment for landlord looking for a property that would easily achieve high-levels of occupancy and a good return. The properties are generally well-presented, many having been refurbished as required at the end of individual tenancies. The return is likely to be in the region of 9-10% but this may well be capable of improvement.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

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