Summary - 14 FAWDRY STREET WOLVERHAMPTON WV1 4PA
4 bed 1 bath Terraced
Turnkey rental income close to Wolverhampton centre with generous rear garden.
HMO-licensed four-bedroom mid-terrace with existing tenancy in place
A licensed four-bedroom mid-terrace in Whitmore Reans currently operating as an HMO and producing £1,386 pcm. The property is offered with no onward chain and is sold with a running joint and assured tenancy, making it a ready income stream for investors. Located close to Wolverhampton city centre and university, it suits buyers seeking an immediate rental return or a small refurbishment project to increase yield.
Internally the house is traditional Victorian build with a ground-floor bedroom and bathroom, lounge and kitchen, plus three first-floor bedrooms. The kitchen and general presentation are described as well presented; gas central heating, double glazing and a mains gas boiler are in place. The rear garden is generously sized for a terrace, providing outdoor amenity and scope for improvement or tenant enjoyment.
Important negatives are straightforward: the property sits in a very deprived area with high local crime levels, and the terrace is compact with a small overall footprint (approximately 752 sq ft). Construction is original solid brick with assumed no cavity insulation, and double-glazing install dates are unknown — further inspections are advised for insulation, services and electrics. The property is sold freehold and council tax is noted as very cheap, but it will attract buyer scrutiny for safety, compliance and long-term management given the HMO use and local area conditions.
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