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.