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Guide price
£102,000

2 bedroom apartment for sale

Patshull Avenue, Wolverhampton
Virtual tour
Auction
Chain-free
Apartment
2 beds
1 bath
Added > 14 days

Key information

TenureLeasehold | 979 yrs left
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (979 years remaining)
  • Buy To Let Investment Opportunity
  • For Sale by Modern Method of Auction
  • Allocated Parking
  • Chain Free
Concentric Sales & Lettings are delighted to present a unique chance to secure a high-yield investment with an immediate rental income. Situated in the sought-after Oxley area of Wolverhampton, this two-bedroom apartment is currently tenanted, generating a steady rental income of £700 per month. Perfect for investors looking for a seamless landlord-to-landlord transition!

The property offers spacious living with thoughtful design throughout, including generous inbuilt storage and the convenience of allocated parking. Upon entering, you're greeted by a well-lit hallway that leads to two comfortable bedrooms and family bathroom. The open-plan kitchen and lounge area create a welcoming space, with the added luxury of a Juliet balcony off both the master bedroom and lounge, accessible via elegant French doors.

This low-maintenance property is ideal for investors seeking a ready-made addition to their portfolio, with a reliable rental history and great potential for future appreciation in a growing rental market. Don't miss this hassle-free investment opportunity in a thriving area.

Tenure: Leasehold

Years Remaining: 981

Service Charge and Ground Rent: £1466.58

EPC: C

Council Tax Band: A

Property Type: Apartment

Heating: Gas

Parking: Allocated

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Reception 1

Kitchen

Bedroom 1

Bedroom 2

Bathroom


Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
Buy-To-Let Investment Opportunity

For Sale by Modern Method of Auction

Allocated Parking

Chain Free
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About this agent

Concentric Sales & Lettings - Wolverhampton
Concentric Sales & Lettings - Wolverhampton
Unit 7, Newton Court, Pendeford Business Park Wolverhampton WV9 5HB
01902 914791
Full profileProperty listings
Concentric Sales & Lettings Wolverhampton now merged with the market leading brand Lawson's Sales and Lettings (originally on the same street) specialises in working with landlord investors to help them to buy, sell, rent or invest in property in and around the Wolverhampton area, across all sectors. Local knowledge with modern big company thinking, built up with over 27 years in the area The established local firm Lawson's and Concentric Wolverhampton merged in May, 2017, meaning the now 8 strong team, with a further 10 strong management team behind them, offer a range of specialisms, to enable a high level and wide range of local property services to help you. No matter what your property goals, we really are the agent of choice for an investor landlord or buyer/seller. Utilising our many years of contacts and experience in the property sector in Wolverhampton and our database of local investors spanning over 2 decades, plus a national network of agents, we can achieve property sales where others can't, by knowing WHO is buying what and where, plus working with local and distant landlords to ensure they are offering safe quality homes to let, to secure great tenants too. Concentric Sales & Letting Agency Wolverhampton has the added benefit of the CEO being the current President of ARLA, from June 2017-June 2018, meaning they are at the forefront of the political and industry changes that are taking place right now, within the Private rented sector.  Whether you are purely looking to buy or sell a property, or have a portfolio that is standard professional sector, HMO, LHA or company lets, the expertise is there to assist you fully.
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