1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Immaculately presented
- No upward chain and vacant possession
- Fourth floor with lift access
- With a 246 year lease
- Hugely popular rental purchases
- Walking distance to Wolverhampton Train station
- Open plan kitchen and living space
- A perfect first time buy or investment
- With an 8%+ rental yield
- A must see!
*With tenant currently paying £650.00pcm!*
Searching for a high yield rental investment with a 246 year lease? Or perhaps a first time buy in immaculate condition and within walking distance of Wolverhampton City centre and the train station? Look no further than Telecom House!
The property has been finished to an immaculate standard throughout, has lift access and can be found on the fourth floor and briefly benefits from an entrance hallway, open plan living room and kitchen, bedroom, shower room, storage space and allocated parking.
This flat is located in the heart of Wolverhampton City Centre with close proximity to a range of amenities, schools, shopping facilities, plentiful food and drink establishments and more! The area also offers excellent road and transport links for travel both locally and further afield.
With a current rental income of £650.00 and reliable tenants in situ, the property would make a fantastic investment whilst also benefiting from no upward chain and vacant possession should this be the preference of the purchaser.
- Lease length - 246 years
- Ground rent - £120.00 per annum
- Service charge - £840.00 per annum
Rooms
Communal Entrance Not provided
With a coded security intercom system leading to communal hallways, stairs and lift access.
Entrance Hallway Not provided
A spacious entrance hallway with access to living room, bedroom, shower room and storage cupboard.
Open Plan Kitchen and Living Space 3.56m x 4.12m (11'8" x 13'6")
A really sizeable open plan kitchen and reception space with plentiful space for relevant living room furniture, electric heater, electrical points and with two double glazed windows with carpeted flooring, whilst the kitchen accommodates a range of matching wall and base storage units, roll top work surfaces, a built in fridge/freezer, electric hob points with extractor above, built in oven, a steel sink bowl and drainer and laminate flooring.
Bedroom 2.78m x 2.00m (9'1" x 6'7")
A double bedroom space with carpeted flooring, an electric heater, a double glazed window and plentiful electric points.
Shower Room 1.47m x 2.26m (4'10" x 7'5")
With a low level flush WC, hand sink basin with tiled splashback and storage, a shower cubicle with power shower over, a heated towel rail and laminate flooring.
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Property reference P6778. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir - Wolverhampton.
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Broadband availability and predicted speed: obtained from Ofcom on January 28, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 28, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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