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£1,300,000 Offers in excess of
Bedrooms
Bathrooms
STUNNING INVESTMENT OPPORUNTITY | BLOCK OF 8 INDIVIDUAL FLATS | PRIZED LOCATION | Presenting an outstanding investment opportunity on the sought-after Tettenhall Road in Wolverhampton - a beautifully finished block of 8 flats, thoughtfully designed to appeal to discerning tenants. This modern property comprises six individual one-bedroom flats and two spacious penthouse flats, each featuring two bedrooms. Every flat is completed to a high standard, with contemporary fitted kitchens, stylish bathrooms, and high-quality finishes throughout. Secure, gated access and off-road parking add to the propertys appeal, offering both comfort and convenience for residents.
Located in a prime area, this block of flats is ideally positioned to attract a variety of renters. Tettenhall Road provides quick and easy access to Wolverhampton City Centre, making commuting a breeze. The area is well-served by public transport links and the nearby A41, enhancing the propertys appeal for professionals and young families alike.
The local area boasts excellent amenities, with a variety of popular schools, green parks, and leisure spots nearby, including Wolverhamptons West Park and the scenic Smestow Valley Nature Reserve. Tettenhall Village, with its boutique shops, charming cafs, and quality restaurants, is just a short drive away, providing a lifestyle that combines suburban tranquillity with urban convenience.
With strong demand for quality rentals in this desirable location, this property offers investors an attractive blend of rental yield and long-term capital growth potential. Its modern design, security features, and convenient location make it a smart choice for any investment portfolio.
An exceptional property in a fantastic location, ready to provide returns - enquire today to secure your viewing of this prime investment opportunity on Tettenhall Road.
Tenure: Freehold
EPC: C
Council tax Band: A
Property Type: Block of 8 Flats
Parking: Off Road / Allocated
Heating: Gas
Reception 1
Kitchen 1
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bedroom 7
Bedroom 8
Bathroom 1
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.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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