We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · WV4 4SY
Listing removedReduced £10k (−4.3%) on 25 JunListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary "an extended three bedroom semi detached property with no onward chain & situated in the popular area of penn" Comprising entrance hall, lounge, dining room, L shaped extended kitchen, three bedrooms, shower room, off road parking, garage & rear garden.
Description Samuel Thorneywork from the Award Winning Connells Wolverhampton branch is delighted to bring to the market this extended three bedroom semi detached family home situated in the popular area of Penn and boast no onward chain.
The property is available to purchase through the modern method of auction. Viewings are highly recommended to appreciate the accommodation on offer, call Connells today to book your viewing.
Internally the property comprises of an inviting entrance hall leading to a front lounge with feature bay window, dining area, extended L shaped kitchen area.
Heading upstairs you will find the property has three bedrooms, two of which are double and the first floor is completed by having a shower room.
Outside to the front is ample off road parking access to garage for additional parking or storage options. To the rear is a generous size garden.
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.
The Location & Area Set to the south west of Wolverhampton City Centre in the sought after Penn area with excellent local schooling.
Easy access provided to Penn Common and Penn Hospital, local shopping facilities and eateries can be found on the A449 route.
Entrance Hall Radiator, ceiling light point, storage cupboard housing a single glazed window to the side, stairs rising to the first floor and doors leading into the lounge, dining room and extended kitchen area.
Lounge 13' 4" max x 11' 3" max ( 4.06m max x 3.43m max ) Double glazed window to the front, picture rail, radiator, ceiling light point and gas fireplace.
Dining Room 11' 4" max x 11' 4" max ( 3.45m max x 3.45m max ) Ceiling light point with fan, radiator, picture rail and open access to the extended L shaped kitchen.
Extended L Shaped Kitchen 16' 5" max x 15' 8" max ( 5.00m max x 4.78m max ) Matching wall and base units with inset one and a half sink and drainer with mixer tap, plumbing point for washing machine, space for fridge freezer, space for a range style cooker with extractor hood above, partly tiled walls, ceiling light points, radiator, double glazed window to the rear, side door to the rear garden and double glazed sliding door to the rear garden, open access to the dining room and folding door to the entrance hallway.
First Floor Landing Ceiling light point, double glazed window to the side, loft access and doors leading to all bedrooms and shower room.
Bedroom One 13' 10" max x 10' 5" max ( 4.22m max x 3.17m max ) Double glazed window to the front, ceiling light point, picture rail and radiator.
Bedroom Two 11' 3" max x 10' 5" max ( 3.43m max x 3.17m max ) Double glazed window to the rear, radiator, picture rail and ceiling light point.
Bedroom Three 7' 8" x 6' 4" ( 2.34m x 1.93m ) Double glazed window to the front, radiator and ceiling light point.
Shower Room Walk-in shower cubicle, low flush wc, wash hand basin unit, partly tiled walls, heated towel rail, ceiling light point and double glazed window to the rear and extractor fan.
Outside Rear Patio area with spacious lawn with flower boards and shrubbery, mature trees, timber sheds, additional composite shed and outside tap point and access to the garage.
Garage 20' 7" x 7' 6" ( 6.27m x 2.29m ) Wall mounted boiler, double glazed window to the rear, lighting, door to the rear garden, power supply, single glazed windows to the side and double gated garage doors to the front.
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: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 7, Hilston Avenue, Wolverhampton
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