Summary - 42 HARROW STREET WOLVERHAMPTON WV1 4PD
3 bed 1 bath Terraced
Income-producing three-bed requiring refurbishment and tenancy checks.
Current gross income £12,000 pa from existing assured shorthold tenancy
Freehold mid-terrace circa 1900–1929, approx 905 sq ft, five rooms
EPC rating C; mains gas boiler and radiators in place
Solid brick walls assumed uninsulated — retrofit insulation likely needed
Small foregarden and enclosed rear garden; compact urban plot
Sold at public auction — unconditional exchange on fall of hammer
Viewing limited to external inspections; property may lack electricity
High local crime and very deprived area may affect demand
A three-bedroom Victorian mid-terrace in Wolverhampton offered as a freehold investment with a sitting tenant. The property produces a current gross income of £12,000 per year and will be sold at public auction; interested buyers should review the legal pack and tenancy paperwork before bidding.
Internally the home provides two reception rooms, a kitchen, bathroom and three first-floor bedrooms across approximately 905 sq ft. Built c.1900–1929 with solid brick walls (no known cavity insulation), double glazing and gas central heating to radiators; Energy Performance Rating is C. The plot is small with a foregarden to the front and an enclosed rear garden.
Material points to note: the sale is subject to the existing Assured Shorthold Tenancy and the auctioneer had not seen the tenancy agreement at time of listing. Viewings are external only and the property may lack electricity during inspections; buyers must factor the auction administration fee and any extra costs listed in the legal pack. The surrounding area scores as very deprived and records higher crime levels, which will affect lettability and resale values.
For an investor this is a straightforward income asset with scope to improve rent and value through refurbishment and insulation upgrades. For an owner-occupier the tenancy, auction sale process and area characteristics make careful due diligence essential before bidding.
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