Church Street, Wolverhampton, WV2 4AY
£121,500
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
388 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
250 years
Ground rent
£120
Service charge
£1,184.00 per year
Overview
This one-bedroom apartment on Church Street, Wolverhampton, is an attractive buy-to-let opportunity with an asking price of £121,500. Currently tenanted, it generates an annual rental income of £8,700, resulting in a strong gross yield of 7.1%. The leasehold property, with a 250-year lease, comes with an annual ground rent of £120 and a service charge of £1,184. The market rent for this property is £725 per month, and the net cash flow is £345 per month, offering a net annual cash flow of £4,140. Situated just 0.67 miles from Wolverhampton station, this property is well-positioned in a rental-friendly area.
What our customers say about us
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
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