Pennhouse Avenue
Wolverhampton
1Bedrooms1Bathroomsground floor flat
Guide Price£35,000
1/10
Guide Price:£35,000
Property details
Key features
- Sale by Modern Auction (T&Cs apply)
- Subject to an undisclosed Reserve Price
- Buyers fees apply
- A GROUND FLOOR ONE BEDROOM FLAT
- NO UPWARD CHAIN
- OVER 55'S RETIREMENT PROPERTY
- COMMUNAL AREAS: LOUNGE, GARDEN AND LAUNDRY ROOM
- IDEAL FOR DOWNSIZERS
Council Tax Band:
B
Tenure:
Leasehold
Ground Rent:
£264.60
Ground Rent Review Period:
Contact Branch
Annual Service Charge:
£2,578.96
Length of Lease:
0 years
Connells Wolverhampton are pleased to present to market this ground floor one bedroom property located in the over 55's retirement block, being sold with no upward chain and offered for sale via modern method of auction.
The private accommodation comprises of an entrance hall, spacious lounge with feature bay window, fitted kitchen, bedroom with built in wardrobe and shower room.
A fantastic opportunity for people looking to downsize, the property also boasts communal areas with fellow residents including a communal lounge, laundry room, gardens. The property also boasts off road parking and a long lease.
Viewing is highly recommended to appreciate this opportunity, perfect for downsizers.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Location And Area
Situated in the ever sought after Pennhouse Avenue within the popular Penn area There is fantastic selection of local shopping nearby, bus routes, public houses and eateries just a stone's throw away.
Communal Entrance Hall
Communal double glazed door to front with intercom system.
Entrance Hall
Fire door to communal hall, storage cupboard, doors to various rooms.
Lounge
19' 3" into bay x 10' 4" ( 5.87m into bay x 3.15m )
Double glazed bay window to front, electric heater.
Kitchen
7' 2" x 5' 6" ( 2.18m x 1.68m )
Range of wall and base units with work surfaces above, stainless steel sink drainer, electric oven and electric hob.
Bedroom
12' 10" plus wardrobe x 8' 11" ( 3.91m plus wardrobe x 2.72m )
Double glazed window to front, electric heater, built in wardrobe.
Shower Room
Wc, wash hand basin, shower cubicle, extractor fan, part tiled walls.
Communal Areas
Lounge, laundry room.
Outside
Communal gardens, off road parking (not allocated).
The private accommodation comprises of an entrance hall, spacious lounge with feature bay window, fitted kitchen, bedroom with built in wardrobe and shower room.
A fantastic opportunity for people looking to downsize, the property also boasts communal areas with fellow residents including a communal lounge, laundry room, gardens. The property also boasts off road parking and a long lease.
Viewing is highly recommended to appreciate this opportunity, perfect for downsizers.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Location And Area
Situated in the ever sought after Pennhouse Avenue within the popular Penn area There is fantastic selection of local shopping nearby, bus routes, public houses and eateries just a stone's throw away.
Communal Entrance Hall
Communal double glazed door to front with intercom system.
Entrance Hall
Fire door to communal hall, storage cupboard, doors to various rooms.
Lounge
19' 3" into bay x 10' 4" ( 5.87m into bay x 3.15m )
Double glazed bay window to front, electric heater.
Kitchen
7' 2" x 5' 6" ( 2.18m x 1.68m )
Range of wall and base units with work surfaces above, stainless steel sink drainer, electric oven and electric hob.
Bedroom
12' 10" plus wardrobe x 8' 11" ( 3.91m plus wardrobe x 2.72m )
Double glazed window to front, electric heater, built in wardrobe.
Shower Room
Wc, wash hand basin, shower cubicle, extractor fan, part tiled walls.
Communal Areas
Lounge, laundry room.
Outside
Communal gardens, off road parking (not allocated).
Utilities, rights & restrictions
Expand
Utility Supply:
- ElectricityContact branch
- WaterContact branch
- HeatingContact branch
- BroadbandContact branch
- SewerageContact branch
Rights & Restrictions:
- Private rights of wayfalse
- Public rights of wayfalse
- Listed propertyfalse
- Restrictionsfalse
Risks:
- Flooded in last 5 yearsfalse
- Flood defencesContact branch
- Source of floodContact branch
Guidance Notes
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.Use Our Homefinder Service
With our HOME FINDER SERVICE, we get a real understanding of what is on your wish list and then put all of our experience, local knowledge, branch network and extensive contacts to work to find your perfect property.
Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.
Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.
If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.
** The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 29/01/26.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
Recently Sold In This Area
PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
