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SOLD STC

50 Gomer Street, Willenhall, Wolverhampton, WV13

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Vacant possession!
  • Would achieve £675.00pcm
  • 10%+ rental yield!
  • Immaculately kept
  • Stunning views
  • No upward chain
  • Close to a range of local amenities, schools and transport links
  • Two large bedrooms
  • A family bathroom AND shower room
  • A real must see!

Description

Call us 9AM - 9PM - 7 days a week, 365 days a year! 

Positioned on the sixth floor of The Pinnacle on Gomer Street, Wednesfield, this well-presented two-bedroom flat offers an excellent opportunity for first-time buyers and buy-to-let investors alike. Offered to the market with no upward chain and vacant possession, the property is ready for a new purchaser to move straight into or, for those looking to invest, begin preparing for the rental market without the need for any significant works!

Having been very well cared for by its previous occupier, the accommodation is presented in a clean and well-maintained condition throughout, making this an appealing option for buyers seeking a property that can be enjoyed from day one. Its two-bedroom layout provides flexibility for a range of purchasers, whether used as a first home, a convenient base close to Wolverhampton and the surrounding areas, or as an addition to an existing rental portfolio.

For investors in particular, the property represents an attractive buy-to-let prospect, with an anticipated rental income of approximately £675 per calendar month, equating to around £8,100 per annum. Combined with the property’s ready-to-let condition and convenient location, this makes it a compelling option for landlords seeking a straightforward investment opportunity.

Location is another of the property’s major strengths. The Pinnacle sits within Wednesfield Town Centre, placing an excellent selection of everyday amenities, shops and services within easy reach. The area is also well served by local schools and transport links, while providing convenient access towards Wolverhampton city centre and the wider road network, making the property particularly well suited to commuters and those wanting the convenience of town-centre living.

The property further benefits from a lengthy lease with approximately 104 years remaining. Ground rent is currently payable at £150 per annum, with a service charge of approximately £1,524.58 per annum.

With its combination of two-bedroom accommodation, sixth-floor position, excellent Wednesfield location and well-maintained interior, this property offers plenty of appeal to both owner-occupiers and investors. The added advantages of vacant possession and no upward chain make for a potentially straightforward purchase, while its anticipated rental income provides clear appeal to the buy-to-let market.

An internal viewing is highly recommended to appreciate the condition, convenience and overall potential this property has to offer. Whether searching for a first step onto the property ladder or a well-positioned investment opportunity, this is a property that should certainly be considered!

 

Lease:     104 years remaining

Ground rent:     £150.00 per annum

Service Charge:     £1,524.58 per annum

 

EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 99 years 9 months,

Access Via

Communal door to:

Entrance Hallway

A spacious 'L-shaped' hallway having doors leading to two bedrooms, two bathrooms and open plan living room/kitchen.

Living Room

5.28m x 2.97m (17'4" x 9'9")

A well sized living room having a front double glazed window with views and an electric fire.

Kitchen

3.05m x 2.01m (10'0" x 6'7")

Having a rear double glazed window, a range of wall and base units with worktops over, sink and drainer, integrated electric oven, integrated electric hob and complementary tiling.

Bedroom One

4.34m x 2.82m (14'3" x 9'3")

A large main bedroom having a rear double glazed window and built in wardrobes.

Bedroom Two

4.32m x 2.39m (14'2" x 7'10")

Another well sized double with a rear double glazed window and built in wardrobes.

Shower Room

Having a low level WC, shower cubicle, pedestal wash hand basin, extractor fan and complementary tiling.

Family Bathroom

Having a bath with mixer taps, pedestal wash hand basin and low level WC.

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.
Permit
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Higher than 2nd floor (no lift)

Energy performance certificate - ask agent

50 Gomer Street, Willenhall, Wolverhampton, WV13

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£314
Property: £ 65,000
Deposit: £ 6,500
Interest rate: 4.99%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Belvoir, Wolverhampton

2 Lichfield Road Wednesfield Wolverhampton WV11 1TF
Industry affiliations:

Welcome to Belvoir Estate Agents

Your Local, Family Run Estate and Letting Agent, our offices located in Wednesfield, Cannock, Bloxwich and Wednesbury are owned and operated by three Brother's that have been in the industry since 2004. We have the rare position that we are small enough that we care and focus on our clients' needs and circumstance but have a backing of 160+ more Belvoir offices behind us so we operate an agency with an impact.

Property has always been a fantastic and enjoyable industry to work in and we genuinely enjoy and have a passion for what we do, we have a brilliant energetic team that focus on results. They are experienced, skilled, knowledgeable, and a practiced team ensuring you're in safe hands throughout your property transaction.

We keep a blend of traditional estate agency methods whilst enhancing them with current technology. So, whether you are thinking about a traditional property Sale, Full Management Lettings or Auction we are here to discuss the different routes to market with you and what suits your requirements the most.

Finally Belvoir will welcome and invitation to your property for a Free, No Obligation Market Appraisal.

Our Promise to you

  • Personal Sales Negotiator that will call you with an update every week
  • Local People that know your area
  • Dedicated Sales Progression team that will chase the sale through to completion
  • Branch Directors Personal Mobile Number
  • A database of people registered looking to buy properties locally

  • Available online, by phone or in person
  • A team that care about Customer Service
  • Call us anytime between 9AM - 9PM - 7 days a week, 365 days a year!

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Disclaimer - Property reference P9329. 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 Belvoir, Wolverhampton. 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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