Penny Place, 19 Market Street, Wolverhampton, WV1
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
603 sq ft
56 sq m
Key features
- Modern Contemporary Apartments
- New Build Apartment
- Brand New Kitchen
- Brand New Bathroom
- Communal Garden
- Historic High Street Location
- Close to Transport Links
- City Centre Location
- Ideal Investment Opportunity
- Flexible Payment Plan
Description
Look no further to find Wolverhampton's newest development project, comprising of 71 contemporary apartments in the City Centre, in an iconic, historic location of the former Marks & Spencer building.
This is an exciting and exclusive investment opportunity with attractive returns:
Entry: 5% on exchange — start investing from just £7,900
0% Interest: Flexible 0% payment plan until completion
Growth: 16% forecast capital appreciation over 2 years
Yields: 7%–16% across long-term and short-term rental strategies
Rental Growth: Wolverhampton rents rising by an average of 11.3% year-on-year
Property Description:
Designed to make the most of available space, studio living brings everyday essentials together in one practical, open-plan environment. The versatile layout provides the flexibility to create distinct areas for relaxing, working and dining, making it well suited to modern urban lifestyles.
Location:
Situated in Wolverhampton city centre, with Wolverhampton train and bus station just 5–7 minutes away, providing access to Birmingham and the wider West Midlands. Wolverhampton University is just a stone's throw away.
Penny Place places residents close to a range of shops, restaurants, cafés and everyday conveniences.
Highlights:
• Contemporary studio apartment
• City Centre Location
• Close to shops, restaurants and everyday amenities
• Convenient access to local transport connections – Wolverhampton Bus and Train Station
• Suitable for first-time buyers, professionals and investors
• Estimated completion: Q1 2028
• 5% Deposit + Monthly Staggered Plan
The floor plan features a range of apartment configurations, this apartment offers 56 square metres of internal space. Individual configurations and dimensions vary dependent on apartment, allowing buyers to explore different options according to their requirements.
Lease: 999 years
No ground rent
DISCLAIMER: Images shown are for illustrative purposes only and may not represent the actual development. As this is an off-plan development, the photographs may depict similar properties from the developer or indicative interiors. Final layouts, specifications, finishes and landscaping may vary. Prospective purchasers should refer to the development specifications and floor plans for further details.
Brochures
PENNY PLACEFactsheet- 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.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Communal garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ground floor,Lift access,Level access
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Affordability
About R & R Properties, Wolverhampton
THE OLD COACH HOUSE 13A UPPER GREEN MEWS TETTENHALL WOLVERHAMPTON WV6 8QH
Notes
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Visit our security centre to find out moreDisclaimer - Property reference UNIT 8 PPLACE. 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 R & R Properties, Wolverhampton. 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.
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