1 bed flat for sale

Lichfield House, 232 Lichfield Road, Willenhall WV12

Lichfield House, 232 Lichfield Road, Willenhall, Wv12 5Ab

Excellent Investment or Owner-Occupier Opportunity.

A well-presented one-bedroom ground floor flat, ideally situated within Lichfield House on the popular Lichfield Road in Willenhall. Available with vacant possession, this property offers flexibility for either an owner-occupier seeking a conveniently located home or an investor looking to secure an asset with a strong rental yield in the region of 7.8% net.

The accommodation comprises a bright and spacious living area, a well-proportioned double bedroom, a fitted kitchen, and a modern bathroom. Being on the ground floor, the flat offers easy access and would suit a wide range of occupiers, including first-time buyers, downsizers, or tenants seeking well-connected and low-maintenance living.

The location provides excellent transport links with easy access to Wolverhampton, Walsall, and the wider West Midlands via the M6. Local amenities, public transport, and everyday conveniences are all within walking distance, making this an attractive proposition for both residents and renters.

With demand for quality rental properties in the area remaining high, this flat represents a solid investment opportunity. It is well-suited for long-term letting with minimal ongoing management, and the attractive net yield makes it a compelling addition to any property portfolio.

Early viewing is recommended to appreciate the value and potential of this versatile flat.

Financial Breakdown

Gross Rent: £9,000.00
Net income: £7,414.00
Gross yield: 9.47%
Net yield: 7.8%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08186