1/8
Retirement
£40,000
1 bed · 1 bath
Pennhouse Avenue, Penn, Wolverhampton
0 miles
away
Leasehold
Added on 16/09/2026 
Auction
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Auction
1/10
£30,000
Guide Price 1 bed flat for sale Pennhouse Avenue, Wolverhampton
1
bed 1
bath Ground floor flat
For sale by auctionRetirement home Leasehold
Added on 16/09/2026
About this property
Connells Wolverhampton are pleased to present to market this ground floor one bedroom property located in the over 55's retirement block, being sold with no upward chain and offered for sale via modern method of auction. The private accommodation comprises of an entrance hall, spacious lounge with feature bay window, fitted kitchen, bedroom with built in wardrobe and shower room. A fantastic opportunity for people looking to downsize, the property also boasts communal areas with fellow residents including a communal lounge, laundry room, gardens.
Key features
- Sale by Modern Auction (T&Cs apply)
- Subject to an undisclosed Reserve Price
- Buyers fees apply
- A GROUND FLOOR ONE BEDROOM FLAT
- NO UPWARD CHAIN
- OVER 55'S RETIREMENT PROPERTY
- COMMUNAL AREAS: LOUNGE, GARDEN AND LAUNDRY ROOM
- IDEAL FOR DOWNSIZERS
Location
Pennhouse Avenue, Wolverhampton, WV4 4BT
- Council tax
- Band D (Approx £2,539/year)The agent has not stated the band, so band D is shown as the local reference: Wolverhampton's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £30,000
£15k £45k
Deposit10% £3,000
£0 £30k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £27,000 mortgage. Most lenders would want a household income of about £6,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in WV4 4BT. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 58, Grosvenor Park Flat / maisonette | Flat / maisonette | Apr 2026 | 463 sq ft £73/sq ft | 463 sq ft | £73 | £34,000 |
| 35, Grosvenor Park Flat / maisonette | Flat / maisonette | Jun 2025 | 495 sq ft £91/sq ft | 495 sq ft | £91 | £45,000 |
| 51, Grosvenor Park Flat / maisonette | Flat / maisonette | Jun 2025 | 484 sq ft £75/sq ft | 484 sq ft | £75 | £36,500 |
| 47, Grosvenor Park Flat / maisonette | Flat / maisonette | Jun 2025 | 463 sq ft £79/sq ft | 463 sq ft | £79 | £36,500 |
| 55, Grosvenor Park Flat / maisonette | Flat / maisonette | Mar 2025 | 452 sq ft £86/sq ft | 452 sq ft | £86 | £39,000 |
| 53, Grosvenor Park Flat / maisonette | Flat / maisonette | Mar 2025 | 463 sq ft £76/sq ft | 463 sq ft | £76 | £35,000 |
| 48, Grosvenor Park Flat / maisonette | Flat / maisonette | Dec 2024 | 495 sq ft £81/sq ft | 495 sq ft | £81 | £40,000 |
| 32, Grosvenor Park Flat / maisonette | Flat / maisonette | Nov 2024 | 441 sq ft £87/sq ft | 441 sq ft | £87 | £38,500 |
All sales on Pennhouse Avenue → All sold prices in Wolverhampton →
Area insights
The neighbourhood around this property.
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