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1 Southgate and 49 Bath Road, Wolverhampton, WV1 4PT

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Property Overview

Purchase Price: £UNDER OFFER
Type: Investment Properties
Tenure: For Sale
Description:

Detailed Information

Location

The property is located close to Wolverhampton city centre, directly between West Park and Marstons brewery, and within the West Park conservation area.

Description

The property comprises two adjoining period properties, together with car park and grounds.

Both are subtantial two storey buildings

1 Southgate  has been recently converted to provide 3 x 1 bed flats and 1x 2 bed flat. The flats are undergoing the final snagging and will be fully furnished then available to let.

49 Bath Road  has been converted to offer 1 x 2 bed flat 1 x 1 bed flat and 2 x studio flats.

Flat Tenancies/Accommodation (49 Bath Road)

Flat 1, 2 bed ground floor flat let at £795pcm (renovated and furnished)

Flat 2, GF, Kitchen, Lounge/Bedroom, bathroom let at £645 pcm  (renovated and furnished)

Flat 3, Living Room/galley kitchen, small hallway, Bathroom, Bedroom let at £350 pcm 

Flat 4, Kitchen, Lounge/Bedroom, Bathroom let at £325pcm

Total current rent roll £25,380pa

Projected annual rent roll £59,940pa

EPCs

To be assessed.

Compliance

A data pack may be available for inspection, providing ASTs, Legionella reports, Gas safety, electric certificates, (as and where appropriate).

VAT

May apply where appropriate

Price

£845,000

UNDER OFFER

Subject to Contract

Viewing strictly by appointment with Michael Tromans & Co LLP

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Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.