248 Wellington Road, Bilston, WV14 6RL
- PROPERTY TYPE
Detached
- BEDROOMS
5
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 5 x STUDIO FLATS
- SOLD WITH EXISTING TENANCIES
Description
An excellent opportunity to acquire a detached property comprising five self-contained studio apartments, all currently let on periodic Assured Shorthold Tenancies (ASTs).
Rental Income Breakdown: - Flat 1 248 Wellington £450.00 Periodic AST 06/04/2018
Flat 2 248 Wellington £476.66 Periodic AST 16/10/2017
Flat 3 248 Wellington £450.00 Periodic AST 25/11/2022
Flat 4 248 Wellington £550.00 Periodic AST 29/12/2023
Flat 5 248 Wellington £450.00 Periodic AST 01/08/2019
Total Gross Rental Income: - •Per Month: £2,376.66
•Per Annum: £28,519.92
This property presents an attractive investment with an established rental income stream. For further details or to arrange a viewing, please get in touch.
There is the potential for extension to the rear (subject to gaining all of the usual and necessary permissions and consents).
Nb - All photos were taken before the current tenancies started.
Services - We are informed by the Vendors that all mains services are connected
Each property has a council tax band A - Wolverhampton
POSSESSION The property is being sold with the existing tenancies.
VIEWING - Please contact the Tettenhall Office.
The property is FREEHOLD.
Broadband – Ofcom checker shows Standard / Superfast / Ultrafast are available
Mobile – Ofcom checker shows two of the four main providers have likely coverage indoors with all four having likely coverage outdoors.
Ofcom provides an overview of what is available, potential purchasers should contact their preferred supplier to check availability and speeds.
The long term flood defences website shows very low risk.
Brochures
248 Wellington Road, Bilston, WV14 6RLBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
248 Wellington Road, Bilston, WV14 6RL
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About Berriman Eaton, Tettenhall
15 High Street, Tettenhall, Wolverhampton, WV6 8QS
Your mortgage
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33734676. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Berriman Eaton, Tettenhall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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