Sold
Wolverhampton – Freehold unbroken block of flats
Slade Hill, Tettenhall Road, Wolverhampton, WV6 0EJ
Offers in excess of £1,750,000
- Property Type:
- Residential
- Sub Type:
- Block of Flats
- Tenure:
- Freehold
Description
- Freehold block comprising 26 flats (5 x studio; 8 x one bed; 13 x two bed)
- Off street car parking for approximately 30 cars
- 23 flats let subject to Assured Shorthold Tenancies
- Three flats currently vacant
- Total Current Rent Reserved: £120,240 per annum
- Estimated Rental Value (fully let): £137,100 per annum
- Benefitting from an additional planning consent
- Attractive rental and break up opportunity
- Gross Initial Yield (assuming fully let): 7.83%
Subject to contract