Existing tenancy in place producing £7,800pa (sold subject to tenancy)
A compact two-bedroom semi-detached house in Willenhall offered with an existing tenancy, currently producing £7,800 per year. The property sits on a small plot with gated off-street parking and a single garage, making it a straightforward buy-and-hold for investors seeking immediate rental income. The location benefits from nearby bus links, local amenities and several well-rated primary and secondary schools.
The accommodation is modest in scale: porch, hallway, lounge with dining area, fitted kitchen, two bedrooms and a bathroom. Rooms are small to average, suitable for standard rental demand or first-time occupants if vacant. Externally the brick construction is sound but some fixtures show weathering; the garage door, gates and hard landscaping will likely need maintenance or minor refurbishment.
Material considerations are clear: the sale is subject to the existing tenancy, so possession is not available on completion. The current rental equates to a gross yield around 6% at the asking price of £130,000. Council tax is very low and local broadband and mobile signal are strong—practical positives for tenants and management.
This is a no-frills investment with reliable fundamentals: immediate income, low running costs and a compact, lettable layout. Buyers should budget for minor external repairs and factor tenancy terms into any purchase decision.
