5 bed terraced house for sale

George Street, Wolverhampton, West Midlands WV2

Set in the heart of Wolverhampton, 4 George Street presents a rare opportunity for investors and developers seeking a substantial Georgian terrace with serious potential. Spanning three floors, this five-bedroom property offers a generous footprint and a layout that lends itself perfectly to conversion into a licensed HMO (subject to planning) or a high-yielding four-bedroom multi-let. Each of the five bedrooms benefits from its own ensuite, while the ground floor features a communal kitchen and an additional WC. Beneath the property, two cellar rooms offer exciting possibilities for communal spaces such as a gym, games room or lounge, adding further appeal for prospective tenants.
While the property requires some finishing works, its structural bones and layout are already primed for transformation. The location is equally compelling. George Street sits just a short walk from Wolverhampton city centre, placing future residents within easy reach of a wide array of amenities. For dining and leisure, the area boasts a mix of independent cafés, restaurants and bars, with transport links including Wolverhampton train station and multiple bus routes ensuring seamless connectivity across the West Midlands and beyond.
The surrounding area is predominantly urban and well-suited to rental demand, with a high proportion of single professionals and students. Broadband infrastructure supports gigabit speeds, ideal for modern living. With the right vision, 4 George Street could become a standout investment in a location that continues to attract strong rental interest.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £495.00. These services are optional.