Summary - 2 PENNANT COURT WOLVERHAMPTON WV3 0DT
2 bed 1 bath Ground Flat
Affordable town-centre flat — ideal for first-time buyers or investors seeking refurbishment potential.
- Two-bedroom ground-floor flat, 657 sq ft
- One allocated off-street parking space
- Energy Rating C; double glazed windows
- Leasehold with c.102 years remaining
- Service charge approx £2,238.48 per year
- Ground rent £150 per year
- Electric room heaters; potential higher running costs
- Sold via auction: reservation fee and buyer charges apply
A practical two-bedroom ground floor flat positioned close to Wolverhampton town centre, offered via the Modern Method of Auction. The layout includes an entrance hall, lounge, kitchen, bathroom and an en-suite to the main bedroom — all within an average-sized 657 sq ft ground-floor apartment with one allocated off-street parking space. The property benefits from double glazing, an Energy Rating C and fast broadband and mobile signal, making it suitable for working-from-home or student occupants.
The flat is leasehold with about 102 years remaining. Annual costs include a service charge of approximately £2,238.48 and a modest ground rent of £150. Heating is by electric room heaters, so buyers should factor ongoing running costs and potential upgrading of heating into their plans. The building dates from the late 1960s–1970s and may suit buyers looking to modernise or refurbish to add value.
This location suits first-time buyers or investors targeting the local rental market: it sits in an area popular with young families and students, close to schools and town-centre amenities. Note the wider neighbourhood records higher crime levels and is classified as very deprived; purchasers should weigh local social factors alongside price and rental potential.
Important sale details: the property will be sold at auction under the Modern Method of Auction. A reservation fee (4.5% of purchase price, minimum £6,600 inc VAT) and buyer fees apply. All bidders must review the Buyer Information Pack and confirm lease and cost details with their legal representative before bidding.
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