Summary - 60 MARKET SQUARE WOLVERHAMPTON WV3 0NL
1 bed 1 bath Flat
Compact rental-ready flat with allocated parking and strong commuter links.
Around 10% current rental yield
Located on the second floor of a modern town‑centre complex, this one‑bedroom flat offers a straightforward rental opportunity with a current yield of around 10%. The apartment includes an open-plan living and dining area, a fitted kitchen, double glazing and an allocated parking space just beyond the main entrance. Practical finishes such as Karndean‑style flooring and a C78 EPC make it easy to let quickly to city workers or students.
The building is leasehold (150 years from 2003) with an annual service charge of £1,300 and ground rent of £234. Heating is by electric wall heaters throughout, which keeps upkeep simple but may affect running costs. The allocated parking is accessed just beyond the entrance and down a single flight of stairs.
This address sits in Wolverhampton city centre close to the railway station and a broad mix of shops, cafes and leisure facilities, supporting strong tenant demand. Be aware the local area registers very high crime and wider area deprivation, which can influence rental pricing, insurance and some tenant profiles. For a hands-off investor seeking immediate income and straightforward management, this property provides clear potential, but budget for service charges, ground rent and potential higher tenant turnover.
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