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Northdale

Wolverhampton, West Midlands

£220,000

  • Three bed end terrace
  • Net yield of 6.41%
  • Current sitting tenant
  • Strong rental growth potential
  • Popular residential location

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Wolverhampton, West Midlands

End Terrace | £220,000 | Freehold

PROPERTY OVERVIEW

A well-presented three-bedroom end-of-terrace home occupying a generous corner plot in a popular and convenient Wolverhampton location. Offered for sale with the benefit of a reliable, in-situ tenant, this property represents a rare opportunity to acquire a turn-key investment with immediate income and scope for rental growth.

  • Three-bedroom end-of-terrace family home
  • Generous wrap-around garden, a standout feature for this price point
  • Modern, well-appointed kitchen
  • Off-road parking
  • Excellent access to Wolverhampton city centre, transport links and local amenities
  • Freehold tenure
  • EPC Rating: D
INVESTMENT SUMMARY

Sold with the current tenant in situ, who has occupied the property for over a year, providing a proven track record and continuity of income from day one of ownership. A rent review is due within the next few months, offering a near-term opportunity to bring the rent in line with current market levels.

Metric Figure
Asking Price £220,000
Current Rent (pcm) £1,175
Gross Annual Rent £14,100
Gross Rental Yield 6.41%
WHY THIS INVESTMENT WORKS
  • Immediate income from completion, no void period, no re-letting costs, no marketing delay
  • Proven tenant of over 12 months, reducing new-letting uncertainty
  • Imminent rent review offers a straightforward route to improved yield
  • Attractive gross yield of 6.41%, ahead of many mainstream buy-to-let benchmarks
  • Freehold tenure, no ground rent or leasehold costs
  • Wrap-around garden, a genuine point of difference locally
  • Off-road parking, modern kitchen and strong city-centre connectivity support tenant demand
LOCATION

Northdale enjoys a convenient position close to Wolverhampton city centre, offering tenants easy access to shops, schools, employment and transport links.

FURTHER INFORMATION

Tenure: Freehold
Tenancy: Tenant in situ, over 12 months, rent review due shortly
EPC Rating: D
Viewings: Strictly by appointment only, respecting the tenant’s right to quiet enjoyment

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

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