Kenley Avenue, Wolverhampton
- PROPERTY TYPE
Town House
- BEDROOMS
3
- BATHROOMS
2
- 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.
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Key features
- Tenants in situ — £13,800 p.a. income from day one, no void period
- 6.73% gross yield on £205,000 asking price
- Modern freehold town house — no ground rent or service charges
- Newer build — low maintenance vs older housing stock
- Single-let — tenants pay all bills and council tax
- Driveway parking and enclosed rear garden — strong tenant appeal
Description
An excellent opportunity to acquire a modern, income-producing buy-to-let investment. This newer-build, three-bedroom freehold town house is sold with tenants in situ, generating £1,150 pcm (£13,800 per annum) and delivering a gross yield of 6.73% on the asking price — income from day one, with no void period and no letting fees to find a tenant.
As a single-let, the tenants are responsible for all utility bills and council tax, leaving landlord costs limited to insurance, periodic safety certification and routine maintenance. Combined with the low upkeep of newer-build housing stock and freehold tenure (no ground rent or service charges), this is a genuinely hands-off investment.
The Property
Well-proportioned accommodation over two floors, finished to a good standard throughout and ideally suited to the family and professional rental market.
Ground floor: Entrance hallway, cloakroom/W.C., kitchen (13'6" x 8'7") and lounge (15'9" x 9'3").
First floor: Bedroom one (11'8" x 8'6"), bedroom two (11'11" x 8'5"), bedroom three (9'6" x 6'11") and family bathroom.
Externally: Driveway parking to the front and an enclosed rear garden — both strong tenant demand features.
Location & Rental Market
Wolverhampton remains one of the West Midlands' strongest buy-to-let locations, combining affordable entry prices with consistently high tenant demand. The tenant base is diverse: professionals commuting to Birmingham (approximately 20 minutes by rail), staff at New Cross Hospital, students and staff at the University of Wolverhampton, and workers at the nearby i54 business park — home to major employers including Jaguar Land Rover and Moog. Well-presented three-bedroom family homes remain in high demand, and rental values in the area have shown consistent growth, offering scope for future rental appreciation.
Key Investment Details
Tenure: Freehold | Asking price: £205,000 | Gross income: £1,150 pcm / £13,800 p.a. | Gross yield: 6.73% | Tenants in situ
Early viewing/enquiry is strongly advised — tenanted freehold stock at this yield level rarely stays on the market long.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Kenley Avenue, Wolverhampton
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Visit our security centre to find out moreDisclaimer - Property reference kenley-ave . 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 Pure, Manchester. 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.
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