City-centre Victorian semi with garage, garden and parking for portfolio buyers.
Licensed six-bedroom HMO with circa £36,000 pa rental income
A licensed six-bedroom HMO close to Wolverhampton city centre, this Victorian semi-detached property offers strong rental income potential of circa £36,000 per annum. The house retains period features such as high ceilings, bay windows and Minton tiled hallway, and includes private garden, garage and parking — useful practical extras for tenants.
The layout provides communal living space, two communal bathrooms, a communal kitchen and utility room across three floors, making it straightforward to continue as an HMO. The property is freehold and has mains gas central heating and double glazing (installed before 2002). EPC rating D and council tax band C are noted in the particulars.
Important transactional and condition notes: the property will be sold by online auction with a non-refundable Buyer’s Premium (£6,600 inc. VAT) and additional legal pack fee. The sale uses the Modern Method of Auction; allow for the advertised completion timetable and review the Legal Pack before bidding. The area has above-average crime levels and is classified as very deprived, which affects tenant mix and management considerations.
Condition considerations for purchasers: some rooms require modernization and the solid brick walls are assumed to have no built-in insulation. Buyers should budget for refurbishment, electrical and energy-efficiency upgrades where needed. Interested parties should complete their own due diligence using the Legal Pack and property documentation before committing.
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