2-bedroom flat · WV4 5PT
Sold STCListed 117 days
Opportunity summary
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About
Occupying an exclusive and discreet cul de sac just off Sandhurst Drive, one of Penn’s most desirable residential addresses, this beautifully appointed ground floor apartment forms part of a distinctive, modern development of individually designed luxury apartments.
Constructed in 2003 with exceptional attention to detail, Chanterelle Gardens is surrounded by mature woodland, scenic nature walks and the rolling landscape of Colton Hills (West).
The development remains one of the finest examples of its type, offering first class design, high quality finishes and a wonderfully peaceful setting. No.
42 enjoys its own private ground floor entrance and a generous footprint of approximately 851 sq. ft., thoughtfully arranged to maximise light, comfort and everyday practicality.
The interior is presented to an excellent standard, featuring neutral décor, quality carpets & flooring, stylish bathrooms and a superb open plan living and dining space with an adjoining fitted kitchen.
The kitchen itself offers an extensive range of matching units and integrated appliances, creating an ideal environment for both entertaining and relaxed day to day living.
The accommodation fully includes an inviting entrance hall with two built in storage cupboards, an impressive 18ft living room with adjacent kitchen, two well proportioned double bedrooms with fitted wardrobes, a smart family bathroom and a private ensuite shower room to the principal bedroom.
The apartment also benefits from allocated undercover parking, positioned within the secure residents’ car park at the centre of the development.
Beautifully landscaped communal gardens further enhance the appeal of Chanterelle Gardens, providing a charming and tranquil outdoor environment for residents to enjoy.
Despite its secluded position, the development remains highly convenient for a wide range of local amenities including shops, bus routes and both primary and secondary schooling — with the highly regarded St Bartholomew’s Junior School close by.
Ideal for those seeking single level living within a luxury development, and offered to the market with No Upward Chain, No.
42 represents an excellent opportunity for First Time Buyers, downsizers or Buy to Let investors looking for a premium, low maintenance home in a prestigious Penn location.
Entrance Hall: Exterior hardwood front door with opaque glazed insert, radiator, laminate flooring, built in cloaks cupboard and a further airing cupboard with shelving & radiator.
Open Plan Living Room: 17’7’’ (5.35m) x 14’2’’ (4.32m) Two radiators and two double glazed windows to front & side.
An open entry leads to: Kitchen: 11’6’’ (3.50m) x 9’10’’ (3.01m) Fitted with a matching suite of laminate units comprising a range of base cupboards, drawers & suspended wall cupboards with under lighting, laminate worktops with stainless steel 1.5 drainer sink unit with mixer tap, wall mounted gas fired central heating boiler, built in appliances include fridge, freezer, dishwasher, electric oven with combination grill/ oven over and 4- ring gas hob with extractor hood, tiled flooring and double glazed window to side.
Bedroom Two: 16’7’’ (5.05m) x 8’5’’ (2.58m) Built in double wardrobe, radiator and double glazed window to front.
Bedroom One: 16’7’’ (5.05m) x 11’1’’ (3.38m) Built in double wardrobe, radiator and double glazed window to side.
Ensuite: 6’4’’ (1.95m max) x 5’9’’ (1.81m max) Fitted with a white suite comprising corner shower with chrome shower spray, low level WC, pedestal wash hand basin, radiator, vinyl flooring and extractor fan.
Bathroom: 7’1’’ (2.18m) x 5’5’’ (1.69m) Fitted with a white suite comprising panelled bath, low level WC, pedestal wash hand basin, radiator, part tiled walls, vinyl flooring and extractor fan.
Tenure: Leasehold Leasehold Details: 155years from 1st February 2005 Ground Rent: £190.74 per annum Service Charge: £1,212.75 per half annum Council Tax: Band C – Wolverhampton EPC Rating: C (78) No: 8260-6123-6140-0527-8292 Total Floor Area: 851sq feet (79.1sq metres) Approx.
No Upward Chain Services: We are informed by the Vendors that all main services are installed Broadband – Ofcom checker shows Standard & Superfast are available Mobile: Ofcom checker shows one of four main providers having variable coverage indoor and all four have good outdoor coverage.
Value & comps
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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.
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