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NO UPWARD CHAIN & VACANT POSSESSION – PRIVATE ENTRANCE – ONE-BEDROOM FIRST-FLOOR MAISONETTE – PRIVATE GARDEN – EXCELLENT FIRST-TIME BUY OR INVESTMENT – COSMETIC REFURBISHMENT OPPORTUNITY – APPROX. 89 YEARS REMAINING ON LEASE – POTENTIAL RENTAL INCOME OF CIRCA £795 PCM
Belvoir are delighted to bring to market this one-bedroom first-floor maisonette, pleasantly positioned on Merrick Road within the popular Wednesfield area of Wolverhampton. Offered for sale with no upward chain and vacant possession, the property represents a fantastic opportunity for first-time buyers, investors or purchasers looking for a home they can modernise and put their own stamp on!
The property would benefit from a programme of cosmetic refurbishment throughout, providing its next owner with an excellent blank canvas from which to create a home entirely to their own taste and specification. While updating and modernisation would certainly enhance the property, the accommodation offers a well-proportioned and practical layout with plenty of potential.
One of the notable benefits of the maisonette is its own private front entrance, giving it a greater sense of independence than is often found with more traditional apartment living. The front door opens into a small entrance hallway, with stairs ascending to the first-floor landing from which the entirety of the accommodation can be accessed.
The principal reception space is a generously sized living room, offering ample room for both seating and additional furniture and providing a versatile main living area. There is also a well-proportioned double bedroom, benefitting from useful over-stairs storage, alongside a separate kitchen and family bathroom.
Externally, the property enjoys the additional advantage of its own private section of rear garden. The overall garden area is divided between the ground-floor and first-floor properties, with the right-hand section belonging exclusively to the maisonette being offered for sale. This provides a valuable private outdoor space which could be landscaped or redesigned to suit the requirements of its next owner. There are also useful brick-built storage outbuildings, providing additional external storage.
For purchasers considering the property as an investment, we would anticipate a potential rental income in the region of £795 per calendar month once refurbished, making this an attractive proposition for landlords looking to add a relatively affordable property to their portfolio. Equally, with approximately 89 years remaining on the lease, the property could make an excellent first step onto the property ladder for a buyer wanting the opportunity to renovate a home to their own personal taste.
Merrick Road itself enjoys a convenient yet relatively quiet residential position within the sought-after WV11 postcode, with the property sitting within easy reach of Wednesfield and its wide range of everyday amenities, shops, schools and transport connections. Wolverhampton city centre, Bentley Bridge Retail Park and New Cross Hospital are also readily accessible, alongside useful road links connecting to the wider surrounding area.
Parking is available on-street along Merrick Road, with the residential nature of the road helping to provide a more peaceful setting while retaining excellent accessibility.
With no upward chain, vacant possession, a private entrance, private garden space and considerable potential for cosmetic improvement, this is a property that should appeal equally to first-time buyers and investors. Early viewing is highly recommended to appreciate the size, layout and potential this first-floor maisonette has to offer!
Lease years remaining - 89 years
Ground rent - £99.00 per annum
Service charge - £288.72 per annum EPC rating: Unknown. Council tax band: A, Tenure: Leasehold, Annual ground rent: £99, Annual service charge: £288.72, Length of lease (remaining): 89 years 3 months,
Short entrance hall that offers the home with extra shoe and coat storage whilst leading to the first floor.
Long hallway leading to all rooms whilst featuring a ceiling light point and an obscured glass window to the front.
Spacious reception room that features a fireplace, ceiling light point, radiator and a double glazed window to the side.
Appointed kitchen with a range of wall and base storage units, part tiled walls to splash back, sink with drainer, gas hob with space for an extractor fan, ceiling light point and a double glazed window to the side.
Double bedroom with a built in storage space, ceiling light point, radiator and a double glazed window to the side.
Full tiled bathroom with a hand basin, low level flush WC, bath with shower overhead, ceiling light point and an obscured glass window to the side.
Externally, the property enjoys the additional advantage of its own private section of rear garden. The overall garden area is divided between the ground-floor and first-floor properties, with the right-hand section belonging exclusively to the maisonette being offered for sale. This provides a valuable private outdoor space which could be landscaped or redesigned to suit the requirements of its next owner. There are also useful brick-built storage outbuildings, providing additional external storage.
Once an offer is accepted on a property marketed by Belvoir Estate Agents we are required to complete ID verification checks on all buyers and to apply ongoing monitoring until the transaction ends. Whilst this is the responsibility of Belvoir Estate Agents we may use the services of MoveButler/Kotini, to verify Clients' identity. This is not a credit check and therefore will have no effect on your credit history. You agree for us to complete these checks, and the cost of these checks is £36.00 inc. VAT per buyer. This is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
This property is marketed by Belvoir Estate Agents in Wolverhampton. Belvoir are a trusted, family-owned and operated Estate & Letting Agent based in Wednesfield Town Centre. Belvoir also have other nearby local offices located in Wednesfield in Wednesbury, Cannock, Telford, Stafford, and on Bloxwich High Street in Walsall.
Belvoir are part of a larger franchised network, with over 150 Belvoir offices across the UK. Belvoir Wednesbury can provide you with a free market appraisal and guide you through what to expect on your journey of selling your property.
With the aim of being and staying the best Estate Agent in Wolverhampton, we offer a different approach — including our Zero Day Contract tie-in, the ability to call us from 9AM to 9PM, 7 days a week, 365 days a year, and the reassurance of a traditional high street agent that embraces modern technology.
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