Summary - 79 ALBION STREET HORSELEY FIELDS WOLVERHAMPTON WV1 3EG
1 bed 1 bath Apartment
Compact, low-maintenance apartment near train and bus stations — ready for rental.
No onward chain — quick completion possible
A compact, low-maintenance one-bedroom apartment offered with no onward chain — suited to buy-to-let investors or a first-time buyer seeking a central base. The open-plan living/dining room with integrated kitchen and juliette balcony maximises usable space across the 539 sq ft layout. The property sits in a modern red-brick block constructed in the mid-2000s and benefits from double glazing and good broadband availability.
Practical details are favourable for investors: a long lease (around 101 years remaining), modest ground rent (£150 stated), Band B council tax and evidence of an EPC in the B range (current circa 74, potential circa 81). The building appears well-presented internally with neutral finishes, making it ready to rent with minimal work, although small cosmetic upgrades could increase appeal and yield.
Material drawbacks are clear and should be considered: the neighbourhood records very high crime and is described as a deprived, student-focused area — factors that will influence tenant demand, rental levels and resale. Heating relies on electric room heaters rather than a central system, which may affect running costs. Buyers should confirm actual service charge and ground rent figures and review safety/management records for the block.
Overall this is a straightforward, city-centre investment unit in a transport-accessible location. It offers easy management and short-term rental readiness, but prospective purchasers should weigh local area risks and the electric heating setup when assessing long-term returns.
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