Summary -
Flat 110,Telecom House,Church Street,WOLVERHAMPTON,WV2 4AY
WV2 4AY
1 bed 1 bath Flat
Long-term tenants produce £8,700 gross pa with immediate rental income.
One bedroom leasehold flat approximately 409 sq ft
A compact one-bedroom apartment positioned on Church Street, offered with long-term tenants in situ and producing a current gross income of £8,700 per year. The 409 sq ft leasehold flat sits within a mid-rise brick purpose-built block close to town-centre amenities and public transport, making it straightforward to manage for a buy-to-let portfolio.
Key positives include immediate rental income, excellent mobile signal and communal on-street access. The property’s inner condition and exact specification are not shown in the listing; internal photographs, an EPC and a measured floorplan have not been provided and should be requested before committing.
Notable drawbacks: the area records very high crime levels, broadband speeds are reported as very slow, and the property is in a generally deprived neighbourhood — factors that can affect tenant profiles and long-term demand. The tenure is leasehold and a Buyers Premium will apply on sale; investors should review the Let Property Pack and tenancy documentation carefully.
This is best suited to a cash buyer or a landlord seeking immediate yield from an occupied unit. Obtain a physical inspection, energy performance data, a local comparable analysis and legal lease documents to confirm ongoing costs and ground rent/service charge liabilities before purchase.
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