3 bed flat for sale

Stowheath Lane, Wolverhampton, West Midlands WV1

** Investment Opportunity – Stow Heath Lane **
3/4 Bedroom Property Currently Configured as Two Self Contained Maisonettes. Owner has advised an combined income of £1800 pcm
An excellent opportunity for landlords and portfolio investors, Stow Heath Lane offers a readymade income producing asset in a popular rental location. This versatile 3/4 bedroom freehold property is currently arranged as two spacious 2 bedroom maisonettes, each with its own access, creating strong rental appeal for long?term tenants.

Key Features

Freehold property arranged as two separate 2 bed maisonettes
Vendor advised Combined rental income: £1,800 pcm
Strong yield potential with scope for rental uplift
Off street parking
2 kitchens and 2 bathrooms
Suitable for long term letting or future reconfiguration
Ideal location for commuting links, schools, and local amenities

Location
Situated on Stow Heath Lane, the property benefits from excellent access to Wolverhampton city centre, major road networks, and local employment hubs-ensuring consistent tenant demand.

Investment Highlights
This turnkey investment produces immediate income, with both units already tenanted. There is also future potential for:

Reconversion to a single family home
HMO conversion (subject to licensing and planning)
Capital uplift through refurbishment or layout optimisation

Whether you’re expanding your existing portfolio or seeking a high yield investment, this property represents a dependable and flexible opportunity in a strong rental area.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £495.00. These services are optional.