Offers in region of

£65,000

2 bed flat for sale
50 Gomer Street, Willenhall, Wolverhampton WV13

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Leasehold

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Belvoir - Wolverhampton

Logo of Belvoir - Wolverhampton

About this property

  • 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!

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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.

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.

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More information

  • Tenure

    Leasehold (100 years)

  • Service charge

  • Council tax band

    A

  • Ground rent

    £150

  • Ground rent date of next review

See all recent sales in WV13

Property descriptions and related information displayed on this page are marketing materials provided by - Belvoir - Wolverhampton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Belvoir - Wolverhampton for full details and further information.