Kenley Ave

SUMMARY

Modern and well-presented 3-bedroom town house (freehold) for sale in Wolverhampton. Sold with the tenants in situ, the property generates £13,800.00 gross rental income per annum (£1,150 pcm). As a single-let property, the tenants are responsible for all utility bills and council tax, meaning minimal ongoing costs for the landlord and a genuinely hands-off investment.

This is a newer-build town house, finished to a good standard throughout, which keeps maintenance requirements and costs low compared with older housing stock.

Guide Price – £205,000.00

INVESTMENT HIGHLIGHTS

• Modern freehold town house – no ground rent or service charges
• Gross rental income of £1,150 pcm / £13,800 per annum
• Gross yield of 6.73% on asking price
• Tenants in situ – income from day one with no void period
• Newer build – low maintenance and repair costs
• Single-let – tenants responsible for all bills and council tax
• Opportunity for rental appreciation in line with the local market
• Parking to the front and enclosed rear garden – strong tenant demand features

FINANCIAL ANALYSIS

Income

Monthly rental income – £1,150 pcm

Annual gross rental income – £13,800 p.a.

Operating Costs

As a single-let tenancy, the tenants are responsible for gas, electricity, water, internet and council tax. Landlord costs are limited to insurance, periodic safety certification and any maintenance.

Yield Analysis

Gross yield (on asking price) – 6.73%

Annual income – £13,800 p.a.

PROPERTY DESCRIPTION

A freehold, newer-build town house arranged over two floors, providing well-proportioned accommodation ideally suited to the family and professional rental market.

Ground floor

Entrance hallway · Cloakroom/W.C. · Kitchen (13’6″ x 8’7″) · Lounge (15’9″ x 9’3″)

First floor

Bedroom One (11’8″ x 8’6″) · Bedroom Two (11’11” x 8’5″) · Bedroom Three (9’6″ x 6’11”) · Family bathroom

External

Parking to the front · Enclosed rear garden

LOCATION & MARKET

Wolverhampton remains one of the West Midlands’ strongest locations for buy-to-let investment, combining affordable property prices with consistently high tenant demand. The city benefits from a diverse tenant base, including professionals commuting into Birmingham (approximately 20 minutes by rail), staff at New Cross Hospital, students and staff at the University of Wolverhampton, and workers at the nearby i54 business park, home to major employers including Jaguar Land Rover and Moog. Well-presented three-bedroom family homes remain in high demand, and rental values in the area have shown consistent growth, offering scope for future rental appreciation.

KEY DETAILS

• Property type – Town house (newer build)
• Tenure – Freehold
• Bedrooms – 3
• Bathrooms – 1 family bathroom + ground floor cloakroom/W.C.
• Parking – Driveway parking to the front
• Garden – Enclosed rear garden
• Asking price – £205,000
• Gross income – £1,150 pcm / £13,800 p.a.
• Gross yield – 6.73%