£1,250,000
Block of flats for saleStafford Street, Wolverhampton WV1
1 sq. ft
About this property
Detailed Information
Location
The property is located on Stafford Street at its junction with Whitmore Street in the centre of Wolverhampton. The University of Wolverhampton is located directly opposite and the surrounding area comprises a mix of retail and residential. The main shopping centres are all within a five minute walk of the property and there is ample public parking within the vicinity.
Description
The three storey premises was historically the local Registry Office until it was converted to provide residential accommodation approximately 15 years ago. The property now provides 12 apartments over the three floors comprising 6 x 2beds and 6 x 1beds.
The apartments have all been finished to a good standard with the developer incorporating a number of architectural features throughout and making the most of the lofty ceiling heights by incorporating mezzanine floors with galleried features to a number of the bedrooms. The premises are heated by two new gas boilers with each apartment having individual thermostats and each having their own electric metering.
To the rear is a small, gated service yard providing useful bin storage and rear access points to both the lower ground and ground floors.
Accommodation and Rents
The property currently generates £103,320 (£8,610pcm) but once the vacant unit has been let this will rise to £113,520 (£9,460pcm) and there is scope to further increase the rents to approximately £120,000 per annum (£10,000pcm).
EPC
EPC's are available upon request
Compliance
A data pack can be made available for inspection, providing ASTs, Legionella reports, Gas safety, electric certificates, (as and where appropriate).
Price
£1,250,000
Subject to Contract
Viewing strictly by appointment with Michael Tromans & Co llp
Location
The property is located on Stafford Street at its junction with Whitmore Street in the centre of Wolverhampton. The University of Wolverhampton is located directly opposite and the surrounding area comprises a mix of retail and residential. The main shopping centres are all within a five minute walk of the property and there is ample public parking within the vicinity.
Description
The three storey premises was historically the local Registry Office until it was converted to provide residential accommodation approximately 15 years ago. The property now provides 12 apartments over the three floors comprising 6 x 2beds and 6 x 1beds.
The apartments have all been finished to a good standard with the developer incorporating a number of architectural features throughout and making the most of the lofty ceiling heights by incorporating mezzanine floors with galleried features to a number of the bedrooms. The premises are heated by two new gas boilers with each apartment having individual thermostats and each having their own electric metering.
To the rear is a small, gated service yard providing useful bin storage and rear access points to both the lower ground and ground floors.
Accommodation and Rents
The property currently generates £103,320 (£8,610pcm) but once the vacant unit has been let this will rise to £113,520 (£9,460pcm) and there is scope to further increase the rents to approximately £120,000 per annum (£10,000pcm).
EPC
EPC's are available upon request
Compliance
A data pack can be made available for inspection, providing ASTs, Legionella reports, Gas safety, electric certificates, (as and where appropriate).
Price
£1,250,000
Subject to Contract
Viewing strictly by appointment with Michael Tromans & Co llp
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Monthly repayment
£6,253 per month
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