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
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
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