248 Wellington Road, Bilston, WV14 6RL 5 bed detached house for sale

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248 Wellington Road, Bilston, WV14 6RL 5 bed detached house for sale

248 Wellington Road, Bilston, WV14 6RL
£339,995

Our Summary

  • Exceptional Investment Opportunity – Detached Property with Five Studio Apartments close to the tram with fast access to Birmingham
  • There is the potential for extension to the rear (subject to gaining all of the usual and necessary permissions and consents)

Description

This exceptional investment opportunity presents a detached property with five self-contained studio apartments, all currently let on periodic Assured Shorthold Tenancies (ASTs). The property generates a total gross rental income of £28,519.92 per annum, with each apartment having a council tax band A. The property is freehold and has all mains services connected, including broadband and mobile coverage. The current tenancies are being sold with the property, providing a stable and established rental income stream. With potential for extension to the rear (subject to gaining necessary permissions), this property offers a lucrative investment opportunity with a strong potential for growth.