Summary - 29 REDWOOD ROAD COSELEY BILSTON WV14 8XA
1 bed 1 bath Ground Flat
Small one-bed flat for cash buyers or investors; short lease and sitting tenant present..
One-bedroom ground-floor flat, approx. 356 sq ft
Sold with sitting tenant — vacant possession not guaranteed
Lease 59 years remaining — likely mortgage lenders will refuse
Cash offers only; sold via Modern Method of Auction
Buyer fees and non-refundable reservation fee apply at sale
Communal off-street parking and double glazing installed
Ground rent £60 pa; service charge to be confirmed
Small, dated interior — refurbishment likely needed
A compact one-bedroom ground-floor flat offered at auction, suited to a cash buyer or investor seeking a low-entry purchase. The property is small (approximately 356 sq ft) and sits in a communal block with off-street parking and double glazing already fitted. It is currently sold with a sitting tenant, so immediate vacant possession is not guaranteed.
Important lease and sale conditions significantly affect marketability: only 59 years remain on the lease, which will likely prevent mortgage lending and limits resale options. Sale is via the Modern Method of Auction with a non-refundable reservation fee and buyer fees; all buyers should review the Buyer Information Pack and factor additional auction costs into offers.
Practical running costs are modest: ground rent is £60 pa, council tax band A is very cheap, and main fuel is mains gas. The flat is dated and small but could suit a hands-off investor content with the existing tenancy, or a cash buyer willing to refurbish and extend the lease term (which will incur legal and premium costs).
2 bedroom flat for sale in Newbridge Crescent, Wolverhampton, WV6 — £45,000 • 2 bed • 1 bath • 614 ft²
Studio flat for sale in Wealden Hatch, Wolverhampton, WV10 — £35,000 • 1 bed • 1 bath • 517 ft²
2 bedroom flat for sale in Chatsworth Close, Willenhall, WV12 — £45,000 • 2 bed • 1 bath
3 bedroom apartment for sale in 48 Churchfield Avenue, Tipton, West Midlands, DY4 9NF, DY4 — £40,000 • 3 bed • 1 bath • 800 ft²
2 bedroom flat for sale in Claremont Mews, Wolverhampton, WV3 — £60,000 • 2 bed • 1 bath • 496 ft²
1 bedroom flat for sale in Flat , Lingwood Hall, St. James's Road, Dudley, DY1 — £65,000 • 1 bed • 1 bath • 614 ft²
