Compact, renovated ground-floor home with garage and private garden for downsizers.
Two double bedrooms, newly fitted kitchen and bathroom
Private rear garden plus garage and dedicated parking space
53 years remaining on lease — many lenders may refuse to lend
Option to buy lease-extension at £145,000 to enable mortgages
Ground rent £65pa; service charge about £700pa (below average)
607 sq ft overall — compact layout suited to downsizers
Double glazing and mains gas central heating, EPC band C
Local area: good transport and schools; above-average crime
This ground-floor two-bedroom flat offers low-maintenance living in a popular Newbridge/Tettenhall area. Newly fitted kitchen and bathroom, double glazing and gas central heating create a comfortable, modern home ready to move into. The property includes a private rear garden, garage and an allocated parking space — useful practical perks for downsizers.
Important lease information: there are 53 years remaining on the lease. Many mortgage lenders will refuse to lend on leases of this length, so the property is marketed primarily to cash buyers. There is an option to buy with a lease-extension package priced at £145,000 for buyers who need mortgage finance; seek specialist legal and mortgage advice before committing.
Practical running costs are modest: ground rent £65 per annum and service charge about £700 per annum. EPC band C and council tax band A help keep ongoing bills reasonable. Note the local area records above-average crime and sits in a more deprived urban ward; weigh location advantages such as nearby shops, frequent bus routes and a ten-minute drive to Wolverhampton city centre against this.
For someone seeking a compact, well-presented home with garage parking and easy access to local amenities, this flat is a convenient, turn-key option — provided you accept the lease position or plan to refinance after a lease extension.
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