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






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