596 Parkfield Road, Wolverhampton, West Midlands WV4 6EL

A well-proportioned two double bedroom terraced property offering excellent potential for improvement through cosmetic refurbishment and modernisation.

Situated in a highly sought-after residential location, the property benefits from strong rental demand, with an estimated potential rental income in excess of £10,000 per annum.

The accommodation currently comprises of two spacious reception rooms, with the added benefit of a convenient side entrance, offering the potential to convert into a third bedroom. Similar neighbouring properties have been extended to create an additional bedroom, highlighting the property’s excellent scope for further enhancement and value appreciation.

Upstairs, the property offers two generous double bedrooms and a family bathroom. Occupying a generous plot, the home also benefits from a larger-than-average rear garden, providing excellent outdoor space and further potential.

Ideally situated close to a wide range of local amenities, shops and everyday conveniences, the property also enjoys excellent transport links to the city centre and surrounding areas, with plenty of off-road parking making it an attractive choice for both homeowners and investors alike.

Early viewing is highly recommended to fully appreciate the size, potential and investment opportunity this property has to offer.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.2% inc. VAT of the purchase price (subject to a minimum of £1,500 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.