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Wednesbury, West Midlands, WS10

Key features

  • Two, Two bedroomed Flats currently vacant
  • For sale including the freehold
  • Recently refurbished
  • Investment Opportunity
  • Offering a 9.14% gross yield

Description

An excellent opportunity to acquire a freehold investment property comprising 1a Pound Road and 22 Brunswick Park Road, Wednesbury, WS10 9HJ. The sale includes a building containing two self-contained two-bedroom flats, offering an attractive proposition for investors seeking to expand their residential portfolio with multiple potential income streams from a single freehold purchase.

The property is held on one freehold title, with both flats benefiting from separate utility supplies and individual council tax bands. This arrangement provides a practical setup for independent occupation and management, making the property particularly appealing to landlords looking for a straightforward investment with two distinct residential units.

Each flat offers two-bedroom accommodation, catering to a broad range of potential tenants, including couples, small families and working professionals. The two-unit configuration provides the opportunity to generate rental income from both flats, helping to diversify income within one property. The investment may also appeal to buyers looking to establish a long-term rental asset in an established residential area of the West Midlands.

Further enhancing the property's appeal is a parking space to the rear, providing valuable off-road parking for residents. This additional feature can be an important consideration for prospective tenants and adds practical convenience to the overall offering.

The property is situated in Wednesbury, an established Black Country town offering a range of everyday amenities and transport connections. Local facilities include shops, supermarkets, cafés, takeaways and other essential services, while Wednesbury town centre provides further shopping and leisure options. The nearby Brunswick Park offers green open space, walking routes, children's play facilities and recreational amenities. Public transport links include local bus services and access to the West Midlands Metro, while nearby road networks provide connections to surrounding towns and the wider West Midlands region.

9.14% Yield at the asking price of £210,000.

Both flats are currently expected to rent at £800PCM each which in total is £19,200 Per Annum. At the asking price, this represents a yield of 9.14%. Both flats are currently vacant and offered for sale with vacant possession.

The local authority is Sandwell Borough Council and both flats are Band A Council Tax.

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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.
Yes
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.
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Wednesbury, West Midlands, WS10

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Affordability

Monthly repayments£1,056
Property: £ 210,000
Deposit: £ 21,000
Interest rate: 5.35%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Nock Deighton, Land and New Homes, Bridgnorth

34-35 Whitburn Street, Bridgnorth, WV16 4QN
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As one of Shropshire and Worcestershires most successful and forward-thinking estate agents, we've built a business on the solid foundations of sound advice and helpful service.

Land and New Homes is at the heart of everything we do, it shapes our agency today and presents us with opportunities for tomorrow. So we go the extra mile to make sure that our advice and service is second-to-none, and that everyone in our team is dedicated to adding value for our clients wherever we can.

Come to us for smart ideas and intelligent insight.

Buyers Compliance Administration Fee: In accordance with Money Laundering Regulations, Agents are required to carry out due diligence on all Clients to confirm their identity, including eventual buyers of a property. The Agents use electronic verification system to verify Clients' identity. This is not a credit check so will have no effect on credit history though may check details you supply against any particulars on any database to which they have access. By placing an offer on a property you agree that if your offer is accepted, subject to contract, we as Agents for the seller can complete this check for a fee of £75 inc VAT (£62.50 + VAT) per property transaction, non-refundable under any circumstance. A record of the search will be retained by the Agents.

Nock Deighton regularly refers vendors and purchasers to conveyancing and financial service providers. We may receive fees for these referrals, as detailed in our Referral Fees Disclosure Form available on our website.

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Disclaimer - Property reference a08d2e3b-5514-4948-b7f3-e3e2ae97beaa. 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 Nock Deighton, Land and New Homes, Bridgnorth. 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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