Ratcliffe Road, Wednesfield, Wolverhampton, WV11

NO UPWARD CHAIN TENANT IN SITU OR VACANT POSSESSION OPTION IDEAL FOR FIRST-TIME BUYERS OR INVESTORS EXCELLENT YIELD POTENTIAL!

Situated on Ratcliffe Road in the ever-popular area of Wednesfield, Wolverhampton, this spacious one-bedroom first-floor flat presents an excellent opportunity for both first-time buyers and investors alike. Offered to the market with no upward chain, the property can be purchased with the current tenant in situ or as a vacant possession, providing flexibility to suit a range of buyer needs.

Accessed via a secure communal intercom entry system with fob access for residents, the property sits within a well-maintained development and benefits from a tidy communal hallway and stairway leading to the first floor. Upon entering the flat itself, you are welcomed by a sizeable entrance hallway providing access to all rooms. The accommodation comprises a well-proportioned living room, a separate fitted kitchen, a large double bedroom, a modern shower room, and a particularly useful utility/storage space.

The property offers plenty of cosmetic potential throughout, allowing a purchaser to easily add their own personal touch and create a stylish and comfortable home. With a remaining lease of approximately 101 years and a combined service charge and ground rent of just £310 per annum, the property offers an excellent rental yield and would make a sound and affordable investment for those entering the property market or expanding their portfolio.

Externally, residents benefit from access to a communal garden area, providing a pleasant outdoor space to enjoy during warmer months. 

Located close to a wide range of local amenities, schools and transport links, the property is also just a short distance from New Cross Hospital, Wednesfield High Street, and Bentley Bridge Retail Park, making it ideally positioned for convenience and connectivity.

A fantastic opportunity not to be missed – viewing is highly recommended to appreciate the size, location and potential this property has to offer!

Lease years remaining - 101 years

Ground rent - £10.00 per annum

Service charge - £376.39 per annum

Communal Entrance

Accessed via a secure intercom entry system (fob for residents) and with stairs leading to the first floor.

Entrance Hallway

Benefitting from a wall mounted radiator and providing access to all rooms.

Living Room

4.88m x 3.05m (16'0" x 10'0")

A spacious room that benefits from a wall mounted radiator, window to the front elevation, storage and a feature gas fire place.

Kitchen

2.92m x 1.65m (9'7" x 5'5")

Benefitting from being part tiled, matching wall and base units, roll top work surfaces, sink with drainer and mixer tap over. In addition there is a built in oven, with four ring gas hob and extractor over as well as a window to the side elevation.

Shower Room

2.92m x 1.4m (9'7" x 4'7")

Benefitting from a corner shower, WC, wash basin with vanity unit underneath. In addition the Shower Room benefits from tiled walls, a window to the side elevation and a heated towel rail.

Bedroom

4.06m x 2.95m (13'4" x 9'8")

A sizeable double bedroom that benefits from a wall mounted radiator and window to the front elevation.

Utility Room

2.16m x 1.4m (7'1" x 4'7")

A useful Utility/Storage area that offers matching wall and base units, roll top work surfaces and space to hold white goods.

ID checks

Once an offer is accepted on a property marketed by Belvoir Estate Agents we are required to complete ID verification checks on all buyers and to apply ongoing monitoring until the transaction ends. Whilst this is the responsibility of Belvoir Estate Agents we may use the services of MoveButler/Kotini, to verify Clients' identity. This is not a credit check and therefore will have no effect on your credit history. You agree for us to complete these checks, and the cost of these checks is £36.00 inc. VAT per buyer. This is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.

Marketed By

This property is marketed by Belvoir Estate Agents in Wednesbury. Belvoir are a trusted, family-owned and operated Estate & Letting Agent based in Wednesbury Town Centre. Belvoir also have other nearby local offices located in Wednesfield in Wolverhampton, Cannock, Telford, Stafford, and on Bloxwich High Street in Walsall.

Belvoir are part of a larger franchised network, with over 150 Belvoir offices across the UK. Belvoir Wednesbury can provide you with a free market appraisal and guide you through what to expect on your journey of selling your property.

With the aim of being and staying the best Estate Agent in Wednesbury, we offer a different approach — including our Zero Day Contract tie-in, the ability to call us from 9AM to 9PM, 7 days a week, 365 days a year, and the reassurance of a traditional high street agent that embraces modern technology.

Agent note

Belvoir has not seen proof of the payable service charges and ground rents and have obtained the disclosed information from the owner directly. We recommend the purchaser to obtain confirmation of these payments through their chosen property solicitor.