Frank-Steier Price Ltd. Leading niche commercial property investment practice Logo for Midlands Property Awards 09

November 2018

Well Let Residential Investment Portfolio – Wolverhampton

Screen Shot 2018-07-30 at 08.53.49

The portfolio comprises three licenced residential HMO investment properties, all located on the western edge of Wolverhampton city centre.  The properties are in close proximity to Chapel Ash local amenities, Marston’s Brewery HQ and Wolverhampton University.  18 rooms in total.  Excellent occupational history with many tenants long term residents.  Current net rental income, after operational expenses, of £60,810 per annum.  Offers are sought in excess of £600,000 representing an attractive net initial yield of 9.65%.