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Hordern Road, Wolverhampton

Key features

  • Approximately 0.50 acres of freehold land
  • Four-bedroom timber log cabin
  • Lawful B8 (Storage & Distribution) use
  • Excellent investment or owner occupier opportunity
  • Caravan, motorhome and vehicle storage potential
  • Existing storage income with significant scope to increase
  • Commercial building/workshop
  • Extensive parking and hardstanding
  • Extensive parking and hardstanding
  • Being Sold by Paul Carr Modern Auction (BUY IT NOW Option Available) – Reservation Fee Applies

Description

Rare Residential & Commercial Opportunity | Approx. 0.50 Acres | B8 Storage & Distribution Consent | Four Bedroom Log Cabin
Paul Carr Estate Agents are delighted to offer to the market this truly unique mixed-use freehold opportunity, combining a substantial four-bedroom timber log cabin with approximately 0.50 acres of land, extensive commercial space and lawful B8 Storage & Distribution use, creating an exceptional proposition for investors, business owners and those seeking a live/work lifestyle.
Properties offering this combination of residential accommodation and income potential rarely become available.
The residential element comprises a spacious four-bedroom timber log cabin offering generous family accommodation throughout. The property benefits from a large open-plan lounge and dining area, fitted kitchen, four bedrooms, study, family bathroom, separate shower room which includes a WC. Whilst well maintained, the accommodation would now benefit from cosmetic updating, presenting purchasers with an excellent opportunity to modernise and add significant value.
Externally, the scale of the site is what truly sets this property apart.
The commercial yard provides extensive hardstanding together with a substantial storage building and benefits from lawful B8 Storage & Distribution planning consent, making it suitable for a wide variety of commercial uses, subject to purchasers satisfying themselves as to their intended use.
The site is currently utilised for caravan storage, generating an existing income, however the available space offers considerably greater capacity, making this an exciting investment opportunity with potential for increased future returns. The valuation summary identifies capacity for around 20 caravans, with indicative gross income potential of approximately £16,000 per annum at full occupancy based on comparable local storage rates.
Positioned on Horden Road, the property enjoys superb accessibility with excellent connections into Wolverhampton City Centre together with convenient access to the A41, A449, M54 and wider motorway network, making it particularly attractive for businesses requiring strong regional transport links.
Whether you're looking for a home with business premises, secure storage facility, commercial investment or an asset with future potential, Double Pennant presents an opportunity that is seldom available on the open market.
Early inspection is highly recommended.
Identity Verification Fee - We are required by law to conduct anti-money laundering checks on all those buying a property as part of our due diligence. As agents acting on behalf of the seller, we are required to verify the identity of all purchasers once an offer has been accepted, subject to contract. The initial checks are carried out on our behalf by Lifetime Legal . A non-refundable administration fee of £40 + VAT (£48 including VAT) applies which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable.

Brochures

Full Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Hordern Road, Wolverhampton

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Affordability

Monthly repayments£2,056
Property: £ 410,000
Deposit: £ 41,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Paul Carr, Great Wyrley

185 Walsall Road, Great Wyrley, Walsall, WS6 6NL

SALES: LETTINGS: AUCTIONS: MORTGAGES: SURVEYS: REMOVALS

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Disclaimer - Property reference 12881838. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Carr, Great Wyrley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Carr, Great Wyrley on 01922 661103.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.