4 bedroom block of apartments for sale

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4 bedroom block of apartments for sale

Frederick Road, Wolverhampton, West Midlands, WV11
£425,000

Price History

Initial price £460,000
14/12/24 £455,000
21/12/24 £450,000
24/12/24 £445,000
03/01/25 £440,000
11/01/25 £435,000
17/01/25 £430,000
01/02/25 £425,000
Price Change -7.61%

Description

This portfolio of four one-bedroom flats in Wolverhampton is a lucrative investment opportunity for those seeking steady rental returns. The properties, which are currently generating an annual gross income of £33,600, feature modern lounges and kitchens, three-piece bathrooms, and spacious bedrooms, as well as driveway and rear garden space. Situated in a town centre location with close proximity to local amenities and transport links, the properties are well-positioned to attract long-term tenants. With a purchase price that will yield a worthwhile return, this investment has the potential to be a valuable addition to an investor's portfolio.