4-bedroom house · WV4 5LD
Listing removedReduced £50k (−16.4%) on 23 MarListed 470 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary "an extended and well presented four bedroom semi-detached family home situated in penn common".
Comprising of porch, entrance hallway, lounge, dining room, kitchen, sitting room, four bedrooms, bathroom, off road parking, garage, front and rear gardens.
Description The award winning Connells Wolverhampton branch is delighted to bring to the market this extended four bedroom semi-detached family home situated in the popular Penn Common area within walking distance to the popular St.
Bartholomew Primary School and also boasts no onward chain.
The property comprises of an entrance porch, entrance hallway, access to a front lounge, well appointed kitchen, sitting room, open access to the extension currently being used as a dining room but also has the potential to become a kitchen space.
On the first floor there are four generously sized bedrooms and a family bathroom. Externally there is a front garden with a mature tree and shrubbery and off road parking for ample vehicles.
To the rear is a well presented rear garden with stunning field views.
The property also benefits from having a garage which has the potential to be converted but could also be used as additional parking or storage space.
Viewing is highly recommended to appreciate the accommodation on offer. 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 Set to the south of Wolverhampton City centre in Penn Common within walking distance of Penn Golf Club, served by excellent local schooling and good local bus routes.
Approach Front garden with mature tree and shrubbery, off road parking for ample vehicles, access to the main accommodation and garage Entrance Porch Windows and door to entrance hallway Entrance Hallway Window to front, stairs to first floor, radiator, storage cupboard housing a window, doors to the lounge, kitchen and dining room.
Lounge 13' into bay x 10' 1" max ( 3.96m into bay x 3.07m max ) Double glazed window to front, radiator, electric fire place.
Kitchen 9' min x 10' max ( 2.74m min x 3.05m max ) Two double glazed windows to side, range of wall and base units, one and a half stainless steel sink and drainer with mixer tap, electric cooker point, plumbing point for washing machine.
Sitting Room 12' x 10' 10" ( 3.66m x 3.30m ) Gas fire place, door to hallway, access to dining room.
Dining Room 15' x 10' ( 4.57m x 3.05m ) Two double glazed windows to rear, window to side, archway to sitting room, door to lobby. Lobby Window to front, doors to sitting room and rear garden.
First Floor Landing Loft access, doors to various rooms. Bedroom One 14' into bay x 10' 10" max ( 4.27m into bay x 3.30m max ) Double glazed window to front, radiator.
Bedroom Two 12' max x 10' max ( 3.66m max x 3.05m max ) Double glazed window to rear, radiator, wall mounted boiler.
Bedroom Three 19' x 5' 10" ( 5.79m x 1.78m ) Double glazed window to front and rear, two radiators. Bedroom Four 8' x 5' 10" ( 2.44m x 1.78m ) Double glazed window to front, radiator.
Bathroom Double glazed window to rear, walk in bath tub low flush wc, was hand basin, partly tiled walls, radiator.
Outside Rear Paved patio area with lawn, green house, mature tree, outside tap, side gate with further access to the garage.
Garage 20' 4" x 5' 9" ( 6.20m x 1.75m ) Double garage door, door to rear garden, lighting, power supply, tap point window to side. 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.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
FAQ
About 29, Sedgley Road, Wolverhampton
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