Affordable city-centre flat with parking and immediate rental income potential.
One-bedroom first-floor apartment, circa 453 sq ft
A compact one-bedroom first-floor apartment in a contemporary 2003–2006 development, offered with one allocated parking space and EPC C. The current tenant pays £800pcm, and vacant possession can be arranged on request — making this straightforward for buy-to-let buyers or an owner-occupier seeking a central base.
The flat features double glazing and electric room heaters, with a living room, fitted kitchen, bedroom with built-in wardrobe and a bathroom. The building sits in a busy, cosmopolitan student neighbourhood close to Wolverhampton city centre, public transport and local amenities, and benefits from excellent mobile signal and fast broadband.
Practical ownership costs include an annual service charge of £1,472 and ground rent of £150. The property is leasehold with about 103 years remaining. Note that heating is electric room heaters (no mains gas) and running costs should be considered accordingly.
This is a value-focused opportunity for investors seeking rental income or buyers wanting a centrally located, low-maintenance apartment. Be mindful of the wider area’s high crime and deprivation indices when considering long-term yield or resale strategy.
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