1 bed flat for sale

Park Dale East, Wolverhampton WV1

• Prime new listing. We are excited to present this excellent residential opportunity located within a prime location in Wolverhampton.

• Sales Evidence: 46, Riches Street, Wolverhampton WV6 0DR sold for £118,000,7, Compton Court, Compton Road, Wolverhampton WV3 9QA sold for £115,000

• Offered vacant, the property offers a potential rental income of £950 per month (£11,400 per annum) based on current market rates.

• This property is ideal for first-time buyers, those looking to downsize, or investors seeking strong rental potential in a desirable area.

• Ideally situated near amenities, parks, eateries and transport links, this property offers excellent convenience for both owner-occupiers and tenants alike.

Prime new listing. We are excited to present this excellent residential opportunity located within a prime location in Wolverhampton.

The property comprises a bright and comfortable living room, a practical kitchen, one spacious bedroom, a toilet, and ample storage throughout, offering a well-balanced layout with excellent day-to-day functionality.

Offered vacant, this property presents a remarkable opportunity for investors looking to secure a readily lettable asset in a sought-after area. Based on current market rates, the property offers a potential rental income of £950 per month (£11,400 per annum), making it an appealing prospect for buy-to-let landlords. Equally, it is ready for new owners to move into and would suit first-time buyers or those seeking a manageable home with scope for personalisation.

This property is ideal for first-time buyers or families seeking a new home. It also presents a fantastic opportunity for investors looking for strong rental potential in a highly desirable area.

Ideally situated near a range of amenities, including parks, restaurants, and coffee shops, and with convenient access to schools and public transport, this property offers unparalleled convenience and accessibility for potential occupiers.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

The property benefits from leasehold tenure with approximately ninety-nine years remaining on the lease. The average monthly ground rent is £15.83, and the average monthly service charge is £279.40, providing useful clarity for prospective purchasers considering ongoing ownership costs.

Excellent sales evidence in the area: 46, Riches Street, Wolverhampton WV6 0DR sold for £118,000,7, Compton Court, Compton Road, Wolverhampton WV3 9QA sold for £115,000

This lot is open to immediate offers. Should you wish to offer now, you can do so via our "Offer now" button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

The buyer will contribute £650 + VAT towards the seller's legal fees.

Location

Wolverhampton is a well-connected and popular West Midlands location that continues to attract a wide range of buyers and tenants. The area offers an excellent mix of everyday amenities, including shops, supermarkets, cafés and restaurants, alongside nearby parks and green spaces that add to its residential appeal. There is convenient access to local schools and regular public transport options, with strong road and rail links making travel into Birmingham and surrounding areas straightforward. This combination of accessibility, convenience and established neighbourhood appeal makes Wolverhampton an attractive setting for professionals, families and landlords alike.