Online Auctions
Lot 18 - 62 and 62A Merridale Street West, Wolverhampton, West Midlands, WV3 0RW
- Unconditional Online Auction Sale
- Guide Price* : £130,000
- Bedrooms: 2
- Bathrooms: 2
- Reception Rooms: 2
Investment Opportunity A strong income-producing investment opportunity comprising two self-contained one-bedroom flats within a converted semi-detached property, offered together under a single freehold title. This is a rare chance to acquire two residential units in one transaction, making it particularly attractive to property investors seeking immediate income and yield.
Description
The property is conveniently located within walking distance of Wolverhampton City Centre, a proven and popular rental location, and is currently generating a combined rental income of £1,250 per calendar month, equating to an impressive gross yield of approximately 11.1%.
Accommodation
The building has been converted to provide two independent one-bedroom flats, arranged as follows:
Flat 62
Ground floor one-bedroom flat
Flat 62A
First-floor one-bedroom flat
Each flat is self-contained, allowing the investor to benefit from two income streams from one freehold asset.
Tenure
Freehold
The property is held on a single freehold title, with both flats sold together.
Rental Income
Currently let and producing a combined monthly income of £1,250.
EPC
62 EPC Rating D
62A EPC Rating E
Auction Information
The property is offered for sale by timed online public auction. Bidding opens at midday on 4th February 2026 and closes at midday on 6th February 2026.
Prospective purchasers should register to bid in advance and download the legal pack once available.
Viewing
Strictly by appointment.
Council Tax Band
A
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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