Penn Common Road, Penn, Wolverhampton, South Staffordshire, WV4 5JY

For Sale by Modern Method of Auction. Guide price £550,000 plus Reservation Fee.

Nestled in a sought-after position on Penn Common, just off Penn Common Road, Moles Meadow presents a rare and exciting opportunity for developers, investors, and those seeking a substantial renovation project.

Set within a generous plot and accompanied by an additional parcel of land, the property comprises two separate buildings.

The principal dwelling is a substantial barn conversion offering extensive accommodation, including five spacious bedrooms, two reception rooms, and an impressive entrance hallway.

A secondary outbuilding provides further potential for redevelopment, conversion, or ancillary use, subject to the necessary consents.

Both buildings require complete modernisation throughout, presenting a blank canvas for refurbishment, redevelopment, or enhancement.

The combination of the existing structures, generous plot size, and desirable location creates significant scope to add value and maximise future returns.

Opportunities of this nature in such a prime Penn Common setting are rarely available.

Moles Meadow offers exceptional potential for developers and investors looking to unlock the full value of a unique property with substantial land and redevelopment possibilities.

Please note that no planning permissions, consents, or approvals have been obtained in relation to the property or the accompanying land.

Any development, conversion, extension, or change of use would be subject to the necessary planning permissions and statutory consents being obtained by the purchaser.

The land outlined in red within the marketing photographs is provided for illustrative purposes only and should not be relied upon as an accurate representation of the property's legal boundaries.

Prospective purchasers are advised to make their own enquiries and obtain confirmation of the property's exact boundaries, extent, and title from the Land Registry and their appointed solicitor.

Any measurements, site areas, or boundary indications contained within these particulars are approximate and provided as a guide only.

This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.

Electricity, water and drainage are mains connected Off road parking Mobile coverage from all four major networks available* Standard broadband available* *Results provided by Ofcom and correct at time of listing This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").

Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.

These services are optional.

Entrance Hall   Living Room   5.5m x 5.5m Kitchen/Diner   6.2m x 4.3m Family Room   5.2m x 4.2m Master Bedroom   5.5m x 5.5m Bedroom Two   4.3m x 3m Bathroom   1.4m x 3m Bedroom Three   4.2m (1.9m minimum) x 3m Bedroom Four   2.8m x 2.9m Bedroom Five   2.3m x 4.3m