Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 2
Agent: Belvoir - Wolverhampton Phone: 01902 285670
<p>Call us 9AM - 9PM - 7 days a week, 365 days a year! </p><p>Occupying a sought-after position on the ever-popular Broad Gauge Way development, this immaculately presented two-bedroom first-floor apartment offers an outstanding opportunity for both investors and owner-occupiers alike. Offered to the market with <strong>no onward purchasing chain</strong>, the property is currently occupied by a tenant who has maintained the apartment to an exceptional standard throughout, generating an impressive rental income of <strong>£995 per calendar month</strong>. Equally, the property is perfectly suited to first-time buyers, with the current tenant due to vacate upon completion, allowing for vacant possession if desired!</p><p>Accessed via a secure communal entrance with an intercom entry system, the development benefits from both lift and staircase access to the first floor, making the apartment easily accessible for a wide range of purchasers. Upon entering, a welcoming entrance hallway provides access to the accommodation and offers plentiful built-in storage, an increasingly valuable feature that enhances the practicality of the home.</p><p>The accommodation has been thoughtfully designed to maximise both space and natural light. The spacious living room and dining area forms the heart of the apartment, creating a comfortable setting for both everyday living and entertaining, while an open-plan archway leads seamlessly through to the fitted kitchen, providing a sociable yet practical layout. A particularly appealing addition is the private balcony, offering a pleasant outdoor seating area and an ideal place to enjoy a morning coffee or unwind after a busy day.</p><p>Both bedrooms are genuine doubles, providing generous accommodation rarely found within comparable apartments. The principal bedroom further benefits from the convenience of a well-appointed en-suite shower room, while the second double bedroom is served by a modern family bathroom, making the property equally well suited to professional couples, small families or those wishing to accommodate guests.</p><p>Externally, residents benefit from secure gated allocated parking, providing both convenience and peace of mind, while the well-maintained communal areas further complement the quality of the development. The apartment also enjoys the significant advantage of a lengthy <strong>136-year lease</strong>, offering reassurance and long-term security for future ownership.</p><p>Broad Gauge Way remains one of Wolverhampton’s most convenient residential locations, placing an excellent range of amenities within easy reach. Wolverhampton city centre offers an extensive selection of shops, restaurants, cafés and leisure facilities, whilst Wolverhampton Railway Station provides direct rail links across the country, making the property particularly attractive for commuters. New Cross Hospital is also conveniently close by, alongside a variety of well-regarded schools, everyday amenities and excellent road transport links, ensuring this location continues to prove popular with both homeowners and tenants alike.</p><p>Whether you’re an investor seeking an immediately income-producing asset with an excellent rental return, or a first-time buyer looking for a stylish apartment in a prime city location with vacant possession available, this superb apartment represents an opportunity not to be missed!</p><ul><li>136 lease years remaining </li><li><p>Service charge - £1,327.07 every six months</p></li><li><p>Ground rent - £212.37 every six months</p></li></ul> EPC rating: B. Tenure: Leasehold, Length of lease (remaining): 136 years 5 months,