St. Michaels Court, Wolverhampton WV6 1 bed flat for sale

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St. Michaels Court, Wolverhampton WV6 1 bed flat for sale

St. Michaels Court, Wolverhampton WV6
£93,000

Price History

Initial price £100,000
29/03/25 £93,000
Price Change -7.00%

Description

This 1-bedroom flat in Wolverhampton is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious bedroom, bathroom, lounge, and kitchen. Currently, it produces an annual gross income of £7,200, but with a new owner, the potential rental income could increase to £9,648 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With a worthwhile addition to an investor's portfolio, this property offers a smooth transaction process and maximum commitment to the sale.