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Frome Drive, Wolverhampton, WV11 4 bed terraced house for sale
Frome Drive, Wolverhampton, WV11
£230,000
Frome Drive, Wolverhampton, WV11
£230,000
Our Summary
- The OPA is delighted to present this hands-off HMO investment opportunity, offering a rental income of £21,600
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
Description
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Here is a summary of the property description in a single paragraph:
This hands-off HMO investment opportunity in Wednesbury, North of Birmingham, offers a rental income of £21,600 per annum (£1,800 per month). The three-story property is fully tenanted and let to a serviced accommodation provider with a HMO license, providing a guaranteed net rental income with no void periods, general maintenance, council tax, or bills. The property consists of four bedrooms, a kitchen/dining area, lounge, and shared bathroom, with a rear garden and driveway for one car. The property benefits from excellent transport links and proximity to local amenities, including supermarkets, healthcare facilities, and green spaces. The property is freehold and has a 3-year lease from 05/10/2024, offering a passing rent of £21,600 per annum.