Chain-free three-bedroom semi-detached freehold
This three-bedroom semi-detached house on John Street is offered for sale by modern auction, presenting a clear renovation opportunity for a cash or mortgage-ready buyer. The property is freehold and chain-free with an off-street gated driveway and a large rear garden that could deliver measurable value once cleared and re-landscaped.
The interior requires comprehensive updating: dated fixtures, older double glazing, and general refurbishment throughout. The practical layout — entrance porch and hall, large open-plan lounge/diner, kitchen, three bedrooms, bathroom and separate WC — is straightforward and suits a family or rental conversion with modest alteration.
Buyers should note this sale follows the Modern Method of Auction. There is an undisclosed reserve price and a non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600 inc. VAT) plus a pack preparation fee (up to £349 inc. VAT). Due diligence is essential: the buyer information pack must be reviewed and completion is expected within the auction timescale.
Location benefits include quick access to Coseley rail station and nearby schools and local shops, but the immediate area is described as very deprived with a high crime rate, which will affect buyer profiles and rental yields. The property suits investors or experienced renovators who can manage refurbishment and factor auction-related costs into offers.
