Wolverhampton, West Midlands, WV3 0LG - Online Properties

Don't miss this fantastic investment opportunity featuring a licensed House of Multiple Occupancy (HMO) generating an impressive income of approximately £36,000 per annum. The ground floor of this property offers a spacious layout, starting with a welcoming hallway featuring Minton tiled flooring, leading down to a cellar. Two double bedrooms are ideal for tenants. The communal living room is bright and airy, providing a comfortable space for socialising and relaxation. The fitted kitchen and utility area cater to the practical needs of the residents. A bathroom and a separate WC add convenience for shared living arrangements. On the first floor, you will find a well-appointed landing leading to four generously proportioned double bedrooms, offering ample space for individual comfort. A communal shower room completes the first-floor layout, providing essential facilities for the occupants. Outside, the property boasts an enclosed garden to the rear, mainly laid to lawn, offering a green and peaceful outdoor space for residents to enjoy. Conveniently located near local shops, public transport links, and major road networks, this property is situated just 1 mile from Wolverhampton city centre, offering easy access to amenities and entertainment options. Birmingham Airport is approximately 50 minutes away, making travel accessible for residents and potential tenants. This licensed HMO presents a great opportunity for investors looking to capitalise on a property with a strong circa 13% rental yield. Don't wait to seize this opportunity – schedule a viewing today and explore the potential of this lucrative investment. EPC Rating: C Council Tax Band: B MATERIAL INFORMATION The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. EPC Rating CURRENT 70/85 POTENTIAL Opening Bid and Reserve Price This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply. Comments Energy Performance Certificate (EPCs) An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.