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Honor House, 31 Lea Road, Pennfields, Wolverhampton, WV3 0LU

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Property Overview

Purchase Price: £UNDER OFFER
Type: Residential
Tenure: For Sale
Description:

Former Hostel

Suit a variety of uses STPP

Planning for 11 en-suite rooms and on-site car park

Detailed Information

Location

The property is located on Lea Road at its junction with Oaklands Road. The A449 Penn Road is a short distance away and one of the main arterial routes linking Stourbridge with Wolverhampton. The surrounding area is predominantly residential with Mcdonalds, Waitrose and the city centre being within walking distance.

Description

The property comprises a detached two storey premises of brick construction surmounted by a pitched tiled roof. To the front of the property lies a small foregarden with steps up from the pavement and an enclosed rear garden and single detached garage having access onto Oaklands Road.

Until recently the property has been used a hostel and internally comprises lobby with stairs off, kitchen, dining room, lounge, office, store, bedroom and W.C. facility.

There are 5 good sized bedrooms on the first floor all with the benefit of a hand basin and there are two shower rooms.

The property also benefits from planning to extend and create a total of 11 en-suite rooms with shared kitchen and lounge and an on-site car park 20/00389/FUL. This will be achieved by way of a two storey rear extension and single storey side extension to the residential institution building, adding four bedrooms.

Drawings are on our PDF Particulars and can also be found on the Wolverhampton Planning Portal.

Business Rates

The property is rated as a Hostel and Premises with a Rateable Value of £7,500.

EPC

B - (50)

Price

£295,000 - Two Hundred and Ninty Five Thousand Pounds

VAT

Will not apply

Viewing

Viewing is strictly by appointment via the sole selling agents Michael Tromans & Co LLP

Contact:

tromansandco@aol.com

01902 425646

Subject to Contract

JS/SC - Oct 20

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Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.