Block of flats for sale

Clifton Street, Coseley WV14

Detached freehold block | 4 self-contained 1-bedroom flats | strong rental income | investment opportunity | coseley / bilston

National Residential are pleased to present this nearly new detached block comprising 4 self-contained one-bedroom flats, offered as a single freehold investment. Finished to a fantastic condition throughout and designed as individual residential units (not HMOs), each flat benefits from its own private entrance, utilities and council tax account.

Positioned within a well-established residential area of Coseley, the property is ideally located for local amenities, commuter links and tenant demand, making it a highly attractive long-term investment.

Income Breakdown
G | £725 pcm
H | £725 pcm
I | £750 pcm
J | £725 pcm
Total Gross Monthly Income: £2,925
Total Gross Annual Income: £35,100
Minimal ongoing costs, limited primarily to:
* Approx. £30 pcm for communal electrics (security lighting / fire systems)
* No service charges
* No ground rent
* Tenants responsible for their own utilities and council tax
Freehold ownership included as part of the sale.

Property Overview
* Detached residential block in excellent, modern condition
* 4 x self-contained 1-bedroom flats
* Individual front doors (not HMO configuration)
* Each flat with lounge, kitchen, bathroom and bedroom
* Independent utility supplies and council tax accounts
* Low-maintenance asset with straightforward management

Yield Position
Gross yield (based on guide pricing): Approx. 8.67%
A strong return profile for a detached, freehold multi-unit asset with minimal ongoing costs.

Location
* Situated in Coseley within the Bilston area
* Strong local rental demand driven by transport access and affordability
* Close to shops, schools, supermarkets and everyday amenities
* Convenient access to Wolverhampton, Dudley and Birmingham
* Nearby rail and bus connections supporting commuter tenants
* Established residential community popular with working professionals and long-term tenants

Why This Investment
* Freehold detached block
* Nearly new condition with minimal immediate capital expenditure required
* Fully self-contained flats
* Immediate rental income in place
* Simple management structure with tenants covering utilities and council tax
* Low overheads and predictable operating costs
* Strong tenant appeal due to location and layout

A ready-made residential investment offering stable income, low ongoing costs and long-term growth potential in a well-connected Black Country location.

Viewings are highly recommended.

This property is only available for purchasers who are not in a chain.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.