**Standout Features:**
- Two self-contained one-bedroom flats
- Fully tenanted, generating an annual gross yield of 8.1%
- Beautifully restored former dance hall
- Close proximity to Wolverhampton City Centre and Bantock Park
- Excellent mobile signal and fast broadband speeds
- Freehold tenure
- Decent-sized plot with proposed parking area
**Key Considerations:**
- Average square footage (646 sq ft total for both flats)
- High local crime rate
- Buildings constructed between 1900-1929 may require maintenance due to age
**Property Summary:**
Discover a unique investment opportunity with these two fully tenanted self-contained flats, beautifully restored from a former dance hall, offering investors an impressive gross yield of 8.1%. Positioned in a vibrant urban area close to Wolverhampton's City Centre and featuring access to local amenities, including schools and parks, this property is perfect for seasoned investors looking for high rental potential.
The flats are nestled within a charming traditional brick building with large windows and a decent plot that includes a proposed parking area. As a freehold property, it allows for future renovations or potential expansions, providing flexibility for your investment strategy. However, potential buyers should be mindful of the property’s age, which may entail additional upkeep requirements down the line and the higher local crime rate. Don't miss the chance to secure this rare rental gem in a growing community—act fast!