Immediate rental income in a well-located Wolverhampton block with private parking.
Long-term tenant in situ, producing £10,200 gross per year
A practical buy-to-let opportunity in Wolverhampton, this two-bedroom flat is offered with a long-term tenant in situ and producing a gross annual income of £10,200. The property sits in a three-storey modern block with private off-street driveway parking and a small shared rear garden, making it straightforward to manage for a landlord.
Financially the figures are clear: at the asking price of £107,000 the current income represents a strong gross return for an investor seeking immediate rental yield. The unit is leasehold and comes with tenancy continuity — the existing occupants have lived here for several years and intend to remain, reducing void risk but limiting vacant-possession options in the short term.
There are material considerations to weigh. The area is classified as very deprived with comparatively high crime levels; that can affect tenant churn, insurance costs and long-term capital growth. A buyer’s premium applies as part of the sale process, and purchasers should review the Let Property Pack for full tenancy and lease details before committing.
Internally the flat is average-sized with contemporary finishes and laminate flooring; external images show a maintained block but do not fully confirm interior or garden sizes. This is best suited to investors or developers targeting steady rental income and portfolio growth rather than an owner-occupier seeking long-term vacant possession.
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