Flat for sale in Springfield Court, Springhill Lane, Wolverhampton WV10

*** buy to let investors only - sold with tenant ***

Nestled in the serene neighbourhood of Fordhouses, Wolverhampton, this charming 2 bedroom ground floor maisonette on Springfield Road presents a lucrative investment opportunity. The property boasts a secure tenancy with a reliable tenant who has consistently paid £800 per calendar month for approximately a year, ensuring a steady income stream from day one.

The maisonette is a financial gem with no service charge and an annual ground rent of a mere £25, enhancing its appeal to investors seeking a low maintenance asset. Adding to its investment allure, the property will be sold with a renewed lease of 125 years, providing long-term security and peace of mind.

Approximately a year ago, the property underwent a comprehensive update, which included the installation of new carpets and the inclusion of fixtures and fittings such as blinds/curtains, new décor, white goods in the kitchen, and side tables in the bedroom, all of which are included in the sale. This attention to detail ensures that the property is not only aesthetically pleasing but also equipped with all the essentials for modern living.

The maisonette features its own private courtyard, offering a tranquil outdoor space for relaxation. Which leads to a shared area that enhances the sense of community and open space. Also included is the grass area to the left side of the building and to the left of the garage/parking (Please see land picture) The convenience of a garage, coupled with additional parking at the front, adds significant value and practicality for both the tenant and the investor.

Inside, the property does not fail to impress. It is fitted with gas central heating and double glazing throughout, ensuring a warm and energy-efficient home. The large living/dining room which has an electric fire serves as the heart of the maisonette, providing a spacious and welcoming area for dining and entertainment.

This property is not just a house; it's a home ready to continue its legacy of warmth and comfort. With its combination of modern conveniences, financial advantages, and strategic location, it stands as an attractive proposition for any discerning investor looking to expand their portfolio in the Wolverhampton area. The maisonette on Springfield Road is more than an investment; it's a promise of stability and potential in the thriving rental market