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£40,000
OIRO

1 bed flat for sale Pennhouse Avenue, Penn, Wolverhampton

1 bed 1 bath Apartment
Retirement home Leasehold

Added on 16/09/2026

About this property

James Wenlock from Connells Wolverhampton is delighted to bring to the market this one bedroom first floor apartment for over 55s only. Situated within the residential area with convenient location for bus routes and local facilities this property is offered for no onward chain. The property comprises of communal entrance hall, internal entrance hall, lift access, lounge, kitchen, one bedroom and bathroom.

Key features

  • CHAIN FREE AND AVAILABLE NOW
  • Well presented first floor apartment
  • Located within the popular Grosvenor Park over 55s development
  • Communal grounds and car park
  • Viewing recommended
  • Close to local amenities and bus routes to Wolverhampton city centre

Floorplan

Location

Pennhouse Avenue, Penn, Wolverhampton, WV4 4BT

Council tax
Band D (Approx £2,539/year)

Mortgage and stamp duty

Property price £40,000
£20k £60k
Deposit10% £4,000
£0 £40k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £36,000 mortgage. Most lenders would want a household income of about £8,000 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.

AddressSoldSizePrice
58, Grosvenor Park Flat / maisonetteApr 2026463 sq ft £73/sq ft£34,000
35, Grosvenor Park Flat / maisonetteJun 2025495 sq ft £91/sq ft£45,000
51, Grosvenor Park Flat / maisonetteJun 2025484 sq ft £75/sq ft£36,500
47, Grosvenor Park Flat / maisonetteJun 2025463 sq ft £79/sq ft£36,500
55, Grosvenor Park Flat / maisonetteMar 2025452 sq ft £86/sq ft£39,000
53, Grosvenor Park Flat / maisonetteMar 2025463 sq ft £76/sq ft£35,000
48, Grosvenor Park Flat / maisonetteDec 2024495 sq ft £81/sq ft£40,000
32, Grosvenor Park Flat / maisonetteNov 2024441 sq ft £87/sq ft£38,500

All sales on Pennhouse Avenue → All sold prices in Wolverhampton →

Area insights

The neighbourhood around this property.

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