Grosvenor Park, Pennhouse Avenue, Wolverhampton, Wv4 4bt
£45,000

Guide price

Bedrooms: 1
A delightful ground floor flat for over 55's providing independent living in a secure and well presented purpose built retirement environment with communal areas. This one bedroom home with garage and no upward chain, is offered for sale by way of the Modern Method of Auction and must be seen to be appreciated.

This double glazed property benefits from a secure telephone entry intercom system, emergency assisted pull cords, electric storage heating plus shared residents lounge, laundry facilities and on site management.

Occupancy is restricted to the over 55's and all interested parties are recommended to view the interior by way of prior appointment with the selling agents Skitts Estate Agents.

The well presented development is located just off Penn Road/A449 which provides access into Wolverhampton City centre and a range of amenities including shops, schools and public transport services.

Auctioneer Comments. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Approach

By way of parking area, pathway and communal lawn areas.

Communal Entrance

Having doors to residents flats, lift to the first floor and access into the communal area.

Entrance Hall

Storage cupboard.

Living Room

19' 1'' x 10' 5'' (5.81m x 3.17m)

Wall mounted pebble effect electric fire, three wall light points, electric wall heater and double glazed window.

Kitchen

7' 3'' x 5' 5'' (2.21m x 1.65m)

Stainless steel sink top with fitted base units and decorative laminate work tops, fitted wall cupboards and ceramic wall tiles.

Bedroom

13' 2'' x 9' 1'' (4.01m x 2.77m)

Having three wall light points, electric storage heater, electric wall heater, built-in wardrobes with mirror fronted doors and double glazed window.

Bathroom

6' 8'' x 5' 6'' (2.03m x 1.68m)

Panelled bath with shower fitting, wash hand basin built-into vanity unit and low flush WC. Ceramic wall tiling, extractor fan and electric wall heater.

Garage

Number 4, having an Up and Over door.

Lease Information

We have been provided the following information from the current owners - 120 year lease from 1987. Ground Rent £265.00 per 6 months. Service Charge £1425 per 6 months. All figures are approximate and should be confirmation by your legal representative.

01902 686868

Skitts - Sedgley

15 Dudley Street, Sedgley

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