£53,000
1 bed flat for saleSt. Cecilias Oakment Drive, Wolverhampton, West Midlands WV11
1 bed
- Leasehold
B&K Estates
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About this property
Council tax band: tbc
Investment Opportunity – WV11 (Near New Cross Hospital)
This well-maintained one-bedroom, first-floor flat is located in a clean and well-managed building close to New Cross Hospital. The property benefits from a private balcony, ample storage, and allocated parking, making it attractive to long-term tenants.
The flat is currently let at £650 per calendar month, generating an approximate net income of £5,200 per annum after service charge and ground rent. A reliable long-term tenant is already in place, offering an immediate and hassle-free return.
Gas Safety Certificate is in place, and a co alarm has been installed, ensuring compliance with current regulations.
With an asking price of £53,000, this property represents an ideal high-yield, hands-off investment opportunity.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review
