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
Daniel
Buy-to-let investor
“Overall, a fantastic experience not only with the online system but also with the ultra-fast responsive team that is always there to help whenever needed. The turnaround time is like nothing you have ever seen and the customer experience is seamless.”
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
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.”
Meet the team